Time filmmaker declared first lodge earnings today, gift us a extreme at how AOL is doing. It’ seen meliorate days. Revenues were downbound 23 proportionality to $867 million. Of that playing revenues prefabricated up most half ($443 million), but were downbound a gut-wrenching 20 percent. Yahoo, in comparison, saw a 12 proportionality fall in playing revenues during the quarter, and Google saw 6 proportionality growth in amount revenues on an period basis. Even Microsoft did meliorate on the online playing front, pain a small 16 proportionality drop in the quarter.

Also revealed in the 10Q filing with the SEC is Time Warner’s intention to removed the older dial-up admittance playing and aerobatics soured the rest of AOL:

Although the Company?s Board of Directors has not prefabricated some decision, the Company currently anticipates that it would make a impact to aerobatics soured digit or more parts of the businesses of AOL to Time Warner?s stockholders, in digit or a program of transactions. Based on the results of the Company?s review, forthcoming mart conditions or the availability of more approbatory strategic opportunities that haw hap before a dealings is completed, the Company haw end to oppose an deciding another than a spin-off with attitude to either or both of AOL?s businesses.

New AOL CEO Tim jazzman gets a transfer this lodge because he was meet hired absent from Google in March. But he has to kibosh the injury before a spin-off or understanding is possible. Meanwhile, on the creation front, AOL is actuation nervy with tweaks to its homepage that more full combine blogs, Twitter, and ethnic networks. And AOL is orientating AIM and Socialthing as a single sign-on alternative to Facebook enter and Google Friend Connect.

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