Steve Case
Steve Case
Stephen McConnell "Steve" Caseis an American entrepreneur, investor, and businessman best known as the co-founder and former chief executive officer and chairman of America Online. Since his retirement as chairman of AOL Time Warner in 2003, he has gone on to invest in early and growth-stage startups through his Washington, D.C. based venture capital firm Revolution LLC...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth21 August 1958
CityHonolulu, HI
CountryUnited States of America
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I strongly believe that AOL - once the leading Internet company in the world - can return to its past greatness. Over the past few months, I have been pleased to see a renewed focus on AOL at Time Warner, and the emergence of so many strategic alternatives.
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I think it's now clear to everybody the Internet has arrived and everybody is talking about how to reinvent their businesses to take advantage of e-commerce, ... While many companies talk about this opportunity, no company is better positioned to take advantage of this situation than AOL.
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As we strive to build Revolution into an iconic brand like Virgin, one that stands for the build-to-last values of a company like Berkshire Hathaway, we need a first-rate communications executive and are delighted to welcome Brad.
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This has been a record-breaking year for America Online, and we finished on a strong note with this quarter's performance, ... Just four years after becoming the only Internet company with $1 billion in annual revenues, we are now posting $1 billion in annual profits.
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We don't want to suddenly mess around with people's normal viewing habits and force them to do interactive things. Above all, we want to expand the viewer's experience, either through a very simple directory or by providing additional information to the program that's currently showing.
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We don't want to turn the TV into a computer.
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We went from one million to 20 million subscribers in the past five years. That's great, but a billion people watch CNN.
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We do not intend to limit content diversity on any of our systems. If we limit content, if we do not promote a diversity of voices ... then consumers will waste no time migrating to other Internet and media services.
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We all share the goal of protecting children. Unfortunately, Congress passed this law without understanding the many technological tools available and under development that empower parents, rather than the government, to determine what their children receive on the Internet.
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So I think relatively early on I probably was on a path to be more of an entrepreneur, and I think everybody in my family kind of sensed that.
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lead the convergence of the media, entertainment, communications and Internet industries.
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We regret the inconvenience this may have caused our customers, and we will work to ensure that the problem does not reoccur,
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We are highly confident we will get all the necessary approvals to close this deal in the fall.
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We share with Sun a vision for the future in which consumers will be able to access America Online brands anywhere, at any time, and from any device, and we believe that with this alliance, we can make this happen more quickly.