No Wonder Aol Is Grinning

ON MAY 19, AMERICA ONLINE SMILED for Wall Street. The announcement of You've Got Pictures, a venture with Eastman Kodak, sent AOL's stock up 5.5%, to 87 11/16. Starting this fall, AOL subscribers will be able to send film to retail processing centers that will upload images to AOL via a Kodak system. Members, who won't need special cameras or film, can link friends and family to photo sites or send photos via E-mail. AOL and Kodak will split revenues from fees charged to high-volume users and other sources.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.