AOL Subscriber Spending
Bloomberg News
America Online Inc., the world’s largest Internet service, said its subscribers spent $3.9 billion online during the first quarter, more than the $2.5 billion they spent during the 1999 holiday season. AOL charges rent to retailers such as Gap Inc., who advertise their Web sites to AOL’s more than 22.2 million subscribers. AOL can charge higher rent if its subscribers buy more online.
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