America Online has been called the Internet on training wheels. No more. The new AOL aims to be the Internet on big racing wheels, a tricked-out...

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WASHINGTON — America Online has been called the Internet on training wheels.

No more.

The new AOL aims to be the Internet on big racing wheels, a tricked-out surfing machine built for show and speed.

This shiny new entry into the race for Web supremacy is live at, a Web site that lacked pizzazz and purpose for nearly a decade. Now is in the throes of yet another makeover, reflecting a bet-the-company move away from subscription content toward free, ad-supported material.

A trial version of AOL’s souped-up site went live three weeks ago and will replace the current by early August. Features and content are being added almost daily. You can preview them by clicking the “ Beta” link on the home page.

The long-overdue bet is rich with irony for the Dulles, Va.-based company whose growth stalled after its 2001 merger with Time Warner. AOL became King of the Dial-Up Internet by simplifying the low-speed online experience for millions. Now it seeks to become King of Broadband by helping make the high-speed experience more entertaining.

“Multimedia programming is one of our key differentiators,” said James Bankoff, AOL’s executive vice president for programming and products.

Many companies view broadband as a chance to remake today’s utilitarian Internet into an entertainment medium. AOL rivals Yahoo!, Google and Microsoft’s MSN also are moving into Internet video, as are traditional TV networks.

AOL executives contend that their new site has an edge over Yahoo! and MSN because it was built from scratch in a different online era and geared for broadband. While AOL continues to serve dial-up customers inside its old proprietary service, Yahoo! and MSN are trying to serve both from a single Web site.

That helps explain why AOL’s new home page features more links to video and music. Moreover, it will soon offer two alternative home pages: a video hub helping people find “on-demand” videos to watch, and a customizable page analogous to “My Yahoo” that will let users pull in headlines from their favorite Web news sites and blogs.

I won’t be using the standard AOL home page much. I think it looks cluttered and wastes space promoting software downloads and spotlighting random items from around the Web, supposedly handpicked by AOL editors.

More interesting, I suspect, will be the video and news hubs. The video start page will present links to the 10 most-watched videos, along with clips considered weird and others chosen as the day’s highlights in movies, TV, music and news. People also will be able to browse and watch a licensed collection of more than 1 million videos.

You could lose yourself in the original video AOL is dishing up free. Some is on AOL’s existing Web properties, such as Moviefone’s “Unscripted,” a show in which movie stars and directors ask each other questions submitted by AOL users. I had to tear myself away from watching a pseudo-interview in which Tom Cruise and Steven Spielberg used online audience questions as conversational starting points.

While entertainment appears to be AOL’s focus, it isn’t abandoning utilities such as e-mail and instant messaging. In May, AOL introduced a free service called AIM Mail integrated with its AIM instant-messaging software.

With all this free from AOL, why would anyone continue paying for its unlimited dial-up plan, when much cheaper access is available from rivals?

Inertia, of course, will keep some of AOL’s nearly 22 million subscribers loyal for a while, along with a desire to keep their existing e-mail addresses.

And in addition to maintaining a small amount of content exclusively for subscribers, AOL has decided not to give away its controls and software for monitoring children’s online activities.

But I can’t imagine any of that is worth $23.90 a month, so it seems inevitable that AOL’s dribble of subscriber defections is about to become a flood.