{
  "docId": "019dd923-622b-71dc-a6dc-5545fa71721e",
  "docSlug": "852eb8103109",
  "documentTitle": "Time Warner Inc. (TWX)",
  "authorId": "14_Icahn",
  "authorName": "Lazard",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2006-02-01 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 32,
  "pageCount": 371,
  "prevPage": 31,
  "nextPage": 33,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 36,
  "notes": "The slide contains two exhibits: a timeline (Exhibit 2A.7) and a data table (Exhibit 2A.8).",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "timeline_visual",
    "data_table"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6dc-5545fa71721e/32",
  "deckHref": "/decks/019dd923-622b-71dc-a6dc-5545fa71721e",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dc-5545fa71721e.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-5545fa71721e#slide-32",
  "components": [
    {
      "bbox": {
        "h": 0.215,
        "w": 0.764,
        "x": 0.118,
        "y": 0.253
      },
      "kind": "chart",
      "text": "Exhibit 2A.7: AOL ACQUISITION HISTORY",
      "attrs": null,
      "subkind": "timeline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ffcfdf17-c2fb-4d0b-83f3-8fd6480a5a40",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.065,
        "w": 0.764,
        "x": 0.118,
        "y": 0.523
      },
      "kind": "paragraph",
      "text": "Over the past 18 months, AOL has become more acquisitive, though at a much smaller scale than many other major Internet players such as Yahoo, InterActiveCorp and eBay. In August 2004, AOL acquired Advertising.com. AOL also acquired Xdrive and Wildseed in August 2005, Weblogs in October 2005 and Music Now in November 2005. Most recently, AOL announced the acquisition of video search company Truveo in January 2006.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "529b748b-4314-42fc-b4e7-f56f5d00caf1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.065,
        "w": 0.764,
        "x": 0.118,
        "y": 0.151
      },
      "kind": "paragraph",
      "text": "AOL had been an active acquirer of Internet and web services, technologies and brands from 1985 until the time of the Merger. Among the more notable acquisitions were WebCrawler in June 1996, CompuServe in January 1998, Netscape Communications in March 1999, Moviefone in May 1999, and MapQuest in June 2000. Following the Merger, AOL went over almost 3 1/2 years without making a material acquisition, or seemingly, investing in the business organically.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "85de6a8a-fcea-48ae-8eac-c54c67f3adc2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.15,
        "x": 0.118,
        "y": 0.879
      },
      "kind": "source-note",
      "text": "Information Source: Company filings.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "95cd221a-fd8d-48b3-b1fe-03c780ff8c5e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.235,
        "w": 0.764,
        "x": 0.118,
        "y": 0.644
      },
      "kind": "table",
      "text": "Exhibit 2A.8: SELECTED ACQUISITIONS ($ MM)",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b64e5386-3dc8-4f50-9b60-d8cb7c752ea1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.018,
        "w": 0.415,
        "x": 0.118,
        "y": 0.108
      },
      "kind": "title",
      "text": "Acquisition and Investment History",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "901d3be9-7bff-4f91-8913-2685cd1a5e13",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "timeline",
      "slug": null,
      "matchId": "d20f7214-8444-42a0-8be7-6321a262bf46",
      "evidence": "Exhibit 2A.7 visualizes acquisition events over time.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 50,
      "from": 31,
      "beatId": "ea5783e1-e74d-4501-8f63-31239b39ce7f",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The document provides evidence and proof of the challenges and complications faced by Time Warner Inc., including financial data, market analysis, and benchmarking.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 35,
      "from": 30,
      "name": "Aha Moment",
      "slug": "03-aha-moment",
      "bestFor": "Data-heavy sections, research findings, analytical arguments",
      "matchId": "6e222339-ea73-4edc-8619-d3d88e851354",
      "evidence": "The document highlights key insights and aha moments about Time Warner Inc.'s challenges and opportunities.",
      "position": 1,
      "objective": "To identify key insights and aha moments about Time Warner Inc.'s challenges and opportunities",
      "structure": "The Problem/Question -> What the Data Shows -> The Insight",
      "confidence": 0.6,
      "description": "Establish a tension, present data, then deliver the insight that changes everything"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}