What's fascinating is that Verizon purchased AOL for $4.4B this year. With AOL's publishing business only raking in ~$10mm per year, I'm really curious how they valued the dialup business. Did they just straightline membership attrition percentage and assume it'll decrease steadily? Or did they do an in-depth analysis of members ages and life expectancy and assumed lifetime membership to calculate a more granular remaining CLV? Now that's a morbid thought...