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AOL Time Warner 2001 Results – Revenue Up, Losses Deepen
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...
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