That Remake of AOL? It's Still Being Written.

SAN FRANCISCO -- AOL hit a hard bump on its road to becoming a digital media company. Last week it reported another loss and told Wall Street analysts it was not going to get much better: operating income for the year could be down as much as 20 percent because of weaker ad sales. The performance raised new doubts about whether AOL's big bet on editorial content, including the acquisition of The Huffington Post news site, co-founded by Arianna Huffington, would reverse a decade-long decline. [ABSTRACT FROM PUBLISHER]