After Turner Broadcasting merged with Time Warner, they had an opportunity to join forces with Microsoft (Before it was the Microsoft it is today). Ted Turner was heavily in favor of this.
Against Turner's wishes, however, the Brass at Time Warner decided that AOL was a better choice. Ted Turner fought this, and was eventually forced out of the company he built.
AOL Time Warner, as it became known, was a disaster. AOL sucked the money and life out of the business until Time Warner eventually dropped the AOL name, Bill Gates went on to become Bill Gates, and AOL became... wait- what is AOL?