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AOL leaves Time Warner, proposes merger with Remedy Coffee

Posted on May 29, 2009May 29, 2009 by Brehd Patchley

On the heels of announcing a spin off from Time Warner, AOL has released spotty details regarding a proposed merger with Remedy Coffee, located in Downtown Knoxville.

The deal, seen similar to the agreement AT&T has with Starbucks, would provide online access for AOL users while visiting the new (and, as an editiorial note…simply fantastic) coffee shop.

AOL management indicates that the deal makes a great deal of sense due to the fact that the foot traffic at Remedy Coffee is about equal to the number of remaining subscribers to AOL services. The next step is a market study to determine if the visitors to Remedy are the same people that are currently AOL users – if they are not, the deal could be in jeopardy.

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