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The merger created a ?powerhouse' of new and traditional media. AOL Time Warner has led the union of the media, entertainment, communications and Internet industries. Throughout the years the face of media and entertainment industries has changed drastically as a result of increased technology. The popularity of newspapers gave way to other forms of media and entertainment such as magazines, television, cable, music, and most recently the Internet.
The Internet boom of the 1990's gave rise to the popularity of America Online AOL and Time Warner saw themselves at a crossroads where old and new media would become one...
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