Distributing software over the Net could be hugely valuable. Strong international presence, particularly in Europe, where it has partnered with German media giant Bertelsmann. Worse, doesn't have Yahoo's brand clout. No. 1 in customers, with 21 million subscribers. Merger with Time Warner will give it top-flight content and broadband access to the Net over cable to 20 million U. S. homes.
Free service threatens subscriber revenues.
Has exclusive rights to sell broadband Net access over cable networks that run by 59 million U.S. homes. Recently surpassed 1 million customers, two years behind goal. Plans to launch on Mar. 28 a site featuring snazzy video and music clips. Then rivals could jump in. Media Metrix, company reports, Business Week.