Here at the Big Bad Blog, we can only wonder in amazement at the (apparent) fact that AOL has managed to remain a viable business into the second decade of the twenty-first century. Even more surprising? According to Ken Auletta at The New Yorker, 80% of AOL’s revenues comes from subscribers.
AOL’s website clearly indicates that they are now a provider of high-speed broadband (in addition to being a web portal), but here at the Big Bad Blog, we cannot help but associate the company name with the slow dial-up access we “enjoyed” in the ’90s.
Auletta goes on to claim that AOL’s prospects are looking up, and that they are somehow saving journalism. This strikes me as wishful thinking — a journalist hoping to find a saviour for his field. Of course, I have not gone behind The New Yorker‘s paywall to read the entire article, so we could be mistaken regarding his conclusion.