Ted Turner quits as AOL losses announced

Fourth-quarter losses skyrocketed at AOL Time Warner after a staggering €45.5bn (€42bn) charge to account for the struggling media conglomerate’s plunging value.

Ted Turner quits as AOL losses announced

Fourth-quarter losses skyrocketed at AOL Time Warner after a staggering €45.5bn (€42bn) charge to account for the struggling media conglomerate’s plunging value.

The company also announced last night that former cable TV mogul Ted Turner was stepping down as vice-chairman.

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