Execs: AOL Free Strategy Still on Track

November 1, 2006 Execs: AOL Free Strategy Still on Track (AP)

The Time Warner building is shown Wednesday, Nov. 1, 2006 in New York. Time Warner Inc., the world's largest media conglomerate, posted sharply higher third-quarter earnings on Wednesday due largely to several asset sales. (AP Photo/Mark Lennihan)

(AP) -- AOL saw its largest quarterly drop in paying subscribers, while traffic to the company's free, ad-supported Web sites held steady, prompting Time Warner executives to declare Wednesday that their online unit's new strategy is on track.

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