Century Merger

Author: Wang Wei, Zhuge Wei Dong
Publisher:
Publish Date: 2000-03-01
Features: Mergers and acquisitions are not just the combination of two companies, but the merger of two groups of shareholders with different ideologies. "America Online" shareholders hold the internet, while "Time Warner" owns the media. Now, they will not receive the hybrid product they each expected. – BusinessWeek, January 24, 2000
The internet is not just a medium, but a business model, and more so, the so-called New Economy. The "century merger" is not just a merger between old and new media, but the victory of new business models over old ones, and the replacement of the New Economy over the old economy. Media is merely its form of expression. – Wang Wei