Ex-AOL honcho Steve Case thinks it’s time AOL and Time Warner went their separate ways, preferably by breaking the company into four divisions.

Carl Icahn’s Icahn Group announced they hired the Lazard financial advisory firm to review Time Warner and to analyze alternatives to “maximize the value” of Time Warner stock. This is just the latest shot in an ongoing battle between Icahn and the Time Warner board of directors.

Citing a desire to focus on his lifestyle and healthcare startup, Revolution, America Online co-founder Steve Case is stepping down from Time Warner’s board of directors. Case, one of the largest shareholders of Time Warner, will his retain his shares in the company.

AOL co-founder and Time Warner board member Steve Case resigned from his position as a member of that board. He said he left to pursue his new company, Revolution LLC.

Microsoft, Google, or even Yahoo could emerge as the frontrunner to partner with AOL in a deal worth billions to Time Warner.

Billionaire investor Carl Icahn continues to sharpen his blade as he increases his stake at multimedia corporation Time Warner. In a fiery letter issued to the board of directors at Time Warner, Icahn blasts the board for “colossal” mistakes that started with the AOL merger, calling the merger a cardinal sin.

Blogs are moving into the big time. I mean REALLY big time. For a few years now, blogs have been building steam. Ad revenues from prominent blogs are really starting to pay off. With traffic numbering into the millions for some blogs, it stands to reason corporations would notice their potential.

I’m listening to AOL’s CEO Richard Parsons who is on Charlie Rose. I like him. I want to have dinner with him someday

Much speculation circulated the tech industry recently after the reports surface of discussions between Time Warner and Microsoft over the future of AOL. Anxiety continues to build in Time Warner stockholder as CEO Richard Parsons tries to steer the multimedia corporation back to higher stock prices.

Forget massive CD production costs and printing in-store promotion materials; Warner may be ready to transform digital music.

Deciding which search engine provides your site search can be a big deal, especially if you are a media giant with broad appeal. Selecting a particular engine to provide your search is similar to choosing sides.

John Battelle notes that Google’s market capitalization is now just north of 80 billion dollars, making it the largest media company on the planet, overtaking Time Warner.

Time Warner reported a small profit increase for the first-quarter based on an increase in advanced cable service subscribers and advertising sales at AOL and TNT.

A data storage firm has lost a group of important computer back-up tapes that belong to Time Warner.

I’ve heard this already described as a ‘character blog’: Podcasting is hot. But it just got hotter. Paris Hilton invites you to join her on “The Paris Hilton Podcast — Countdown to House of Wax,” beginning on April 29.

Time Warner and Comcast are buying Adelphia (not including Puerto Rican operations) for $12.7 billion in cash and 16% of Time Warner Cable’s common stock.

Time Warner and Comcast is acquiring the U.S. assets of Adelphia for $12.7 billion in cash and 16% of the common stock of Time Warner’s cable subsidiary, Time Warner Cable.

Warner Music Group has decided on a range of $22 to $24 for its initial public offering.

Warner Music Group has gotten another subpoena From New York Attorney General Eliot Spitzer.

Time Warner announced that the Securities and Exchange Commission (SEC) has approved the proposed settlement, which resolves the SEC’s investigation of the Company.

Congrats to Eric Rice. He secured Warner Brothers as a podvertiser for his podcast.