Ad Growth Slowdown Adds Pressure To AOL’s Turnaround

Just as AOL was finding success after reorienting its business model towards advertising instead of providing internet access, the slowdown in the growth of online ad spending is complicating its turnaround. Both the NYT and the FT have articles in their Monday editions about the possible repercussions:

NYT: AOL execs consider the slowdown a temporary bump in the road, pointing to one-time issues, such as the portal’s redesign and changes in the display of search results. Temporary or not, Richard Parsons, chairman and CEO of Time Warner (NYSE: TWC), which owns 95 percent of AOL, earlier this month said he no longer expects AOL