Screaming Penguin - Source Does Matter

AOL has released new revised earnings estimates and again they are lower. AOL again claims it is slumping ad revenues. EBITDA (earnings before interest, taxes, depreciation, and amortization) was supposed to be near 2.2B and it now is predicted to be closer to 1.7B. Fool.com notes that overall Internet ad revenues are NOT down and the real issue may be related to advertising and AOL deals. AOL has a ton of partnerships and the like and these are ending or not being renewed in many cases. Overall AOL-TW is doing fine, and even the AOL division is making money, but things are not as rosy as planned.   Online Ad Market Drags Down America Online : InternetNews.com