Time Warner CEO Jeffrey L. Bewkes told analysts he is open to changes at the company's beleaguered AOL division, saying he is in favor of "whatever configuration makes it the strongest and the most valuable." While AOL boasts $5.2 billion in 2007 revenue and 112 million unique users per month on its network of Web sites, the company reportedly is still struggling to integrate the online advertising firms it acquired into a streamlined unit.

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