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Getting your player ready...

NEW YORK — Time Warner said Wednesday it will split AOL into two parts in a move analysts predict will pave the way for a sale of the slumping Internet pioneer.

Chief executive Jeffrey Bewkes said the company was optimistic about AOL’s faster-growing content and advertising-sales business.

The separation could lead to a sale of AOL’s Internet- access business, said Sally Cohen, analyst for Forrester Research.

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