AOL TIME WARNER TO DROP "AOL," "TIME," AND "-NER" FROM COMPANY NAME New Name Reflects Both Current State of World and Company's Primary Source of Profits New York, NY /DenounceNewswire/ -- 11 August 2003 -- AOL Time Warner, Inc., announced today it is planning to change its corporate identity to "War, Inc." The decision to remove "AOL," "Time," and "-ner" from the company's name will be made at a group board meeting next month. "Considering the state of the world today and for the forseeable future, and considering where most of our profits come from due to media focus on war, we believe this new name will better reflect the company's position and values going forward," said Dick Parsons, group chief executive. The move would also symbolize the effort underway by the company's America Online unit to defeat Microsoft Corporation's efforts at gaining market-share in the Internet and online services markets. CNN, the company's successful cable news operation, has profited enormously in the past 18 months from the Iraq War. CNN is now viewed as a more strategic asset to the company than America Online, the shrinking internet company that is losing members faster than the trashcans of the nation can fill up with AOL CD-ROMs. Read the most recent DENOUNCE article: Tech Billionaires Buy Warner Brothers; Plan to Remake The Matrix Revolutions   Copyright © 1996-2003 Birdrock Ventures. Denounce is a satire website specializing in false press releases that are meant to neither inform nor educate. Denounce's mission is to bring choice to newsreaders: you can go elsewhere for facts, or you can rely on Denounce for fiction. All Rights Reserved. No redistribution or copying without written permission from Denounce.com. DENOUNCE is a trademark of Birdrock Ventures.