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AOL, or America Online, has become a culture icon in the years since its inception. Both lamented by some for it's excessive mailings of unwanted software CDs, to being the premise for a title of a movie. In 2000 the company was purchased by media giant Time Warner and has never been the same since. Still, AOL has maintained a large presence in the online world, being one of the largest internet service providers in existence, it has tried an enormous variety of tactics to keep itself alive. It has seen the purchase of Netscape and it's open source spinoff, Mozilla, Nullsoft, makers of Winamp, and other companies providing a laundry list of products and services, sometimes related to the companies goals, and sometimes not. At one time, AOL was rival only to Microsoft in it's battle for internet dominance, and there was talk of it purchasing RedHat to create an operating system to directly compete with Windows.
With AOL's recent decline in providing paid internet services, it has modified its business model to allow for a large variety of free services. Billing itself as "The New AOL" it has begun to offer a free version of it's internet software, that includes a free AOL email address and a Security Suite.
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Even before AOL offering up their free services, they allowed anyone with an AIM screenname a free webmail address at aim.com with 2GB of space and antivirus/antispam functionality to rival Yahoo and Gmail. These accounts seem to have been, at least partially, converted over to the newer Free AOL Mail accounts, so it appears that they can be used and possibly even created without installing the new AOL software client. When I went to open my mail, a rogue window of Windows Media Player opened for some reason and then Firefox crashed.
Now, AOL has unveiled their video service, AOL Video, an attempt to mirror services like Google Video and YouTube. Even better, AOL Radio offers anyone with a freely available screenname to listen to streaming XM Satellite radio, virtually uninterrupted by ads, and with a long list of stations, previously only available to people who paid for an expensive and cumbersome radio unit & receiver, along with a monthly fee for the service. Yahoo! Music, which plays ads unless a subscription is paid, also allows skipping songs (to some extent in the free version) and the creation of customized stations based on listeners preferences. AOL's XM
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It's hard to understand how this new business model for AOL is expected to work. The Dot Com bubble that burst in the late 90s was a model that was somewhat similar, relying on converting high traffic to view advertising and paid subscriptions. The days of AOL may truly be limited now, but it's demise has been predicted many times in the past, and part of AOL's legacy is it's longevity and ability to act as a chameleon in constantly changing landscapes. At least we can all enjoy the free radio while we're waiting to find out AOL's fate.