This Internet News is provided from the ShangHai XingGuo Net Technology co.,Ltd

U.S. Liberal Media Group (Liberty Media) yesterday said it intends to use Time Warner shares to purchase America Online (AOL) shares of its dial-up Internet business through the replacement of stockownership.

Freedom of the media hold 2.8 percent of Time Warner shares, totalling around 103 million shares. Freedom of the media, president John Malone (John Malone) in the earnings conference call that will be Time Warner shares for a profit assets of the programme is very attractive, but the company has not yet made an offer.

Currently, Time Warner is considering AOL’s dial-up Internet business from the core network advertising business in the dissection. Time Warner Group in the United States on the 6th time in early 2009 that would split AOL (AOL) dial-up Internet business and online advertising business, each of the establishment of an independent sector operators.

Time Warner plans to the end of this year stripping cable sector, and in AOL’s business division next year, then will focus on the content creation on.

After splitting the AOL business may be sold, the current U.S. Internet service provider Earthlink is considered AOL dial-up business the most likely potential buyers. Analysts on AOL dial-up Internet business in the valuation of 2-3 billion U.S. dollars between, and Time Warner’s asking price may be higher than this valuation.

On the AOL portal and online advertising business, there is news that Time Warner continues to communicate with Yahoo and Microsoft that its online advertising and Internet business sold to Yahoo or Microsoft.

In the first half of this year, the Liberal media got the controlling right of the largest U.S. satellite television operator DirecTV through exchanging its shareholding of News Corp. Free media owns several electronics retail, media, communications and entertainment companies, and this part of the assets were put into three separately listed companies.