Major players still have lock on Net profits, AOL chief says

09/28/2006 | CNET

Established online media companies will continue to dominate the commercial aspect of the Web, even with the dramatic rise in user-generated content, according to AOL chairman and CEO Jonathan Miller, who spoke at a conference at the Massachusetts Institute of Technology. "There is still a need for aggregators," he said, listing AOL, Google, Microsoft, Yahoo!, and Apple with iTunes. "While the consumption is spread out, the money is being concentrated."

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