Time Warner Thursday said in a Securities and Exchange Commission filing that it would restate $584 million in ad revenue dating back to 2000, including $310 million in AOL ad revenue. The
restatements will reduce net income by $1 million for 2000 and about $161 million for 2001, but will increase net income by about $62 million in 2002, $18 million in 2003, $30 million in 2004, $16
million in 2005 and about $15 million for the first half of this year.
