TVNewser Show TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

AOL Revenue is Up, Still Gets Millions from Dial-Up Subscribers

AOL had some positives in its first quarter earnings report. Total revenue for the company was up two percent compared to last year, hitting $538 million. Ad sales were also up nine percent, from $330 million to $359 million.

Those are good signs, but as always, the hilarious highlight of any AOL earnings report is noting that it’s still raking in lots of cash from people using its dial-up service. Though subscription revenue declined nine percent for Q1, those customers who continue to live in 1999 brought the company $165 million.

“AOL’s strategy of being the first scaled media and technology company is clearly represented in our results today, and we will continue to aggressively drive the company toward near-and long-term growth,” said Tim Armstrong, the company’s CEO, in a statement.

Mediabistro Course

Get $25 OFF Freelancing 101 Online 

Freelancing 101Freelancing 101 starts in less than a week! Don't miss your last chance to save $25 on full registration for this online boot camp with code FLANCE25! Starting April 28, this online event will show you the best way to start your freelancing career, from the first steps of self-advertising and marketing, to building your schedule and managing clients. Register now!