AOL, Time Warner forge another cyber deal

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America Online and Warner Bros. Interactive Entertainment this week will announce they are working to develop original, ad-supported content for the online service and the World Wide Web. AOL Services Co. President Ted Leonsis confirmed the deal, the second in just over a week between AOL and Time Warner. AOL and Time Inc.'s Pathfinder will link to create a health and fitness service, jointly owned by both entities. Mr. Leonsis said AOL has no ownership stake in the Warner Bros. venture. Time Inc. recently pulled Time from AOL, causing speculation that the relationship between the two companies was souring. But Mr. Leonsis said the new deals represent an attempt on AOL's part to get new, original content rather than information repurposed from other material.

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