AOL Slashes Bluestring, Xdrive, AOL Pictures, More


	AOL Slashes Bluestring, Xdrive, AOL Pictures, More

fuordigital

7-28-2008 6:35 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/39b5277e-24ef-4771-8728-be04b4641daf/CD0EE987-42FF-46E5-9FC2-225814BED148/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.adotas.com/2008/07/aol-slashes-bluestring-xdrive-aol-pictures-more/" href="http://www.adotas.com/2008/07/aol-slashes-bluestring-xdrive-aol-pictures-more/" style="font-size: 11px;">www.adotas.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.adotas.com/2008/07/aol-slashes-bluestring-xdrive-aol-pictures-more/"><H1>AOL Slashes Bluestring, Xdrive, AOL Pictures, More</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.adotas.com/2008/07/aol-slashes-bluestring-xdrive-aol-pictures-more/"><P><A title="aol.jpg" href="http://adotas.com/wp/wp-content/uploads/2006/02/aol.jpg"><IMG align="left" alt="aol.jpg" src="http://adotas.com/wp/wp-content/uploads/2006/02/aol.jpg" /></A>ADOTAS – AOL is slimming down to prettify for a potential sale (not that anyone’s lining up to buy). Not only is it throwing several tech projects out the window, it’s getting rid of certain content blogs published on the Weblogs Inc. network.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.adotas.com/2008/07/aol-slashes-bluestring-xdrive-aol-pictures-more/"><P>Bluestring, Xdrive and AOL Pictures are set to close down; investment in AIMWorld will cease; MyMobile will close down and AOL’s video portal will merge with AOL programming video experience.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.adotas.com/2008/07/aol-slashes-bluestring-xdrive-aol-pictures-more/"><P>(NB: AOL bought Xdrive three years ago [the price was never disclosed but most agree it was in the neighborhood of $30 million] and according to TechCrunch, is currently trying to unload it in lieu of shutting it down …. for about $5 million.)</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.adotas.com/2008/07/aol-slashes-bluestring-xdrive-aol-pictures-more/"><P>A copy of a memo EVP of marketing Kevin Conroy sent out to AOL’s staff on the belt-tightening (also via TechCrunch):</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/CD0EE987-42FF-46E5-9FC2-225814BED148/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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