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AOL Gains Confidence It Can Beat Industry Growth

AOL changed its posture with one of its key managers saying that the media giant will grow faster than the rest of the online marketing industry. Where previous guidance had pegged AOL's growth to predictions that the industry would grow from between 20 and 25 percent, Time Warner vice chairman Ted Leonsis said the company would grow faster, according to Reuters. AOL sold about $1 billion in online advertising last year, and expect to reap a windfall of new inventory as AOL begins to put much of its content - previously walled off in AOL's own online service - out onto the web.

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