European versions of AOL could be up in Germany, England, and France by the end of the year. Case and company are currently looking for a partner of similar stature to expand into Asia.
Predictor: Case, Steve
Prediction, in context:In a 1995 article in Wired magazine, Mark Nollinger interviewed AOL’s Steve Case about the company’s future. He writes: ”Case has spent more than $160 million over the last year and a half to buy a slew of technology outfits as part of AOL’s expansion into multimedia and the Internet, which management sees as the keys to the company’s future … And it’s not just American households that Case is after. Last February, AOL formed a $100 million joint venture with German media conglomerate Bertelsmann to bring the America Online vision to Europe. If all goes as planned, European versions of AOL could be up in Germany, England, and France by the end of the year. Case and company are currently looking for a partner of similar stature to expand into Asia.”
Biography:Steve Case was founder and CEO of America Online, now merged with Time Warner. AOL developed into the country’s largest commercial Internet service provider, reaching a vast Internet community. The proliferation of AOL’s services helped define developing trends in Internet communication. (Entrepreneur/Business Leader.)
Date of prediction: September 1, 1995
Topic of prediction: Global Relationships/Politics
Subtopic: General
Name of publication: Wired
Title, headline, chapter name: America, Online! America Online Has Been on a Rocket Ride, Now it Would Like to Morph Into an ‘Interactive Service Company’ Before Microsoft and the Web Eat its Lunch
Quote Type: Paraphrase
Page number or URL of document at time of study:
http://www.wired.com/wired/archive/3.09/aol_pr.html
This data was logged into the Elon/Pew Predictions Database by: Stotler, Larry