AOL Time Warner 2001 Results – Revenue Up, Losses Deepen

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Despite deepening losses reaching $4.9 billion for 2001, AOL Time Warner managed modest revenue growth of 6%, climbing to $38.2 billion.

The film division emerged as a powerhouse, dominating the industry with $1.8 billion in U.S. box-office receipts.

Blockbusters like "Harry Potter" and "Lord of the Rings" fueled a strong fourth quarter, while Warner Home Video surged 57% in unit sales to 116 million DVDs.

AOL's subscriber base grew robustly by 20%, exceeding 33 million users, and Time Warner Cable revenues rose 18%.

However, Warner Music struggled, seeing revenues drop 5% amid piracy concerns and market weakness.

Advertising proved the major drag, sinking 3% annually with a steep 14% Q4 plunge, offset only by cable ad growth of 32%.

Executives acknowledged ad markets would likely remain weak but emphasized their readiness to gain share if conditions improved.

New CEO Richard Parsons outlined a unified strategy, stressing integration across AOL TW's 148 million subscribers.

Bob Pittman highlighted cross-promotion successes, noting the "Harry Potter" marketing blitz on AOL drove record advance ticket sales.

Broadband expansion remains central, targeting services like video-on-demand and gaming through cable partnerships.

While holding to 2022 projections of 5-8% revenue growth, the company anticipates a massive $40-$60 billion accounting charge in Q1.

This stems from revised rules forcing immediate write-offs of merger premiums from the AOL-Time Warner deal.

Wall Street reacted tepidly, sending shares down 1% to $26.40 near yearly lows.

What are the Harry Potter Movies about and Where to Watch

The Harry Potter movies chronicle the magical adventure of Harry Potter, a young wizard who discovers his extraordinary abilities while attending Hogwarts School of Witchcraft and Wizardry, facing the evil Lord Voldemort and discovering his own destiny. If you're wondering where to watch harry potter, the films are available on streaming services such as HBO Max, Netflix (in select regions), and Amazon Prime, or you can rent them through digital retailers, with some viewers using VPN services to access content restricted in their countries.

Why Choose SafeShell as Your Netflix VPN?

If you're looking to access region-restricted content such as Harry Potter movies on Netflix, you may want to consider the SafeShell VPN for its exceptional streaming capabilities. The SafeShell VPN offers high-speed servers specifically optimized for Netflix, ensuring buffer-free playback and high-definition streaming without interruptions. What sets this service apart is its exclusive App Mode feature, which allows you to unlock content from multiple regions simultaneously, expanding your entertainment options significantly. Additionally, you can connect up to five devices at once across various platforms including Windows, macOS, iOS, Android, and even Apple Vision Pro.

SafeShell VPN doesn't just excel at streaming - it prioritizes your online security with its proprietary "ShellGuard" protocol that provides top-level protection for all your browsing activities. You'll experience lightning-fast speeds without bandwidth restrictions or throttling issues that plague many other VPN services. For those hesitant to commit immediately, SafeShell VPN offers a flexible free trial plan that lets you test all these premium features before making a decision. This combination of performance, security, and versatility makes SafeShell VPN an ideal choice for accessing your favorite Netflix content regardless of geographic restrictions.

A Step-by-Step Guide to Watch Harry Potter with SafeShell VPN

To watch Harry Potter with SafeShell VPN, start by subscribing to SafeShell VPN through their official website at https://www.safeshellvpn.com/. Choose the plan that suits your needs and complete the subscription process by clicking on the "Subscribe Now" button. Once subscribed, download and install the SafeShell VPN app compatible with your device, whether it is Windows, macOS, iOS, or Android, by visiting their website and selecting your device type. After installation, launch the SafeShell VPN app and log in to your account. For the best streaming experience, select the APP mode within the app to optimize performance while watching content.

Next, browse through the list of available VPN servers and pick one located in the region whose Netflix content you want to access, such as the US, UK, or Canada. Click "Connect" to establish a secure connection to your selected server. Once connected, open the Netflix app or visit the Netflix website and log into your account. With the VPN active, you can now enjoy Harry Potter movies from different regions seamlessly, as SafeShell VPN masks your location and unlocks regional Netflix libraries.

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