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Following its separation from Time Warner, AOL underwent several ownership changes:
Verizon purchased AOL in 2015 for $4.4 billion to bolster its digital advertising and media business.
Founded in 1985, AOL became a pioneer of early internet culture in the 1990s.
In 2021, Verizon sold its media assets—including AOL and Yahoo—to private equity firm Apollo Global Management for approximately $5 billion.