Nearly a decade ago, the merger between Time Warner and America Online was heralded as a surprising and revolutionary marriage between “old media” and “new media.” By comparison, yesterday’s revelation by Time Warner that divorce papers may be on the way came as a shock to almost no one.

Analysts said the two companies were ill-suited from the beginning. AOL’s role had never been clearly defined. And Time Warner’s recent move to replace AOL’s top two executives had been widely seen as indication that major changes were coming for the struggling Web portal.

To read this report from The Washington Post in full, see:
www.washingtonpost.com/wp-dyn/content/article/2009/04/29/AR2009042902156.html