Co. is engaged principally in four fundamental areas of business: cable networks, consisting principally of interests in pay cable television programming; Entertainment, consisting principally of...
Time Warner (NYSE: TWX) reported Q2 revenue of $11.55 billion, ahead of estimates of $11.45 billion, and a 5 percent increase from $10.98 billion. Op income for the quarter was up just 1 percent to. EPS for the quarter was $.24, just ahead of analyst estimates of $.23.The strong...
Time Warner (NYSE: TWX) Cable, which is in the process of being fully spunoff from its parent, reported Q2 revenue of $4.3 billion, an increase of 7 percent over last year. The number was a shade behind analyst esimates of $4.33 billion. Net income of $277 million was just...
Time Warner (NYSE: TWX) reported Q2 revenue of $11.55 billion, ahead of estimates of $11.45 billion, and a 5 percent increase from $10.98 billion. Op income for the quarter was up just 1 percent to. EPS for the quarter was $.24, just ahead of analyst estimates of $.23.The strong...
A few deeper detail on Time Warner's (NYSE: TWX) latest quarter can be found in the 10-Q the company has just filed with the SEC:-- Time Inc.: In the press release, the company didn't break out digital revenue for the unit. In the filing it says online contributed 9...
Work in progress Time Warner (NYSE: TWX) is making good progress, says CEO Jeff Bewkes, on curating the proper portfolio of assets. Cable is obviously on track and the deal to spin it fully off should be done by the end of the year. On AOL: "We've now made...
-- CNN: The company's managing editor for Europe, Middle East and Africa, Nick Wrenn, has been promoted to the new position of VP of CNN International Digital services. Reporting to EVP and MD of CNN International Tony Maddox, Wrenn will oversee editorial direction and work across CNN.com's domestic operation...
[In progress] Edgar Bronfman, Jr., Warner Music Group's Chairman and CEO, began the call offering a set stats designed to show how the company is outpacing the rest of the music industry—or at least doing less worse. However, major successes came from albums by Frank Sinatra and Madonna, not...
After a year in the works, TheWB.com is out of beta and is opening to the public today. While the main draw to the site are the old shows that aired when The WB was known as a youth-centric TV network—e.g., Gilmore Girls, Everwood and Buffy The Vampire Slayer—the...
In the battle to keep viewers from migrating to cable DVRs, TiVo (NSDQ: TIVO) has been adding a series of partnerships and features to separate itself from the pack. The latest feature comes from Time Warner's (NYSE: TWX) Entertainment Weekly magazine, which will offer free critics picks directly to...
One of the founding senior executives is leaving TMZ, the celebrity site owned by Time Warner: Alan Citron, the longtime GM of TMZ, is leaving to join pop-culture focused social media firm Buzznet as the head of what it calls "Special Projects". In this newly created position, Citron will...
Diane Mermigas has a blistering column about Time Warner's (NYSE: TWX) failures in digital media, and takes them to task for lacking the strategic mindset for the transformation. Selling non-core assets and relying on cyclical traditional film and TV hits isn't going to cut it, she says, running counter...
With the magazine business suffering almost as badly as the newspaper industry, it's probably a good time for titles to experiment with ad sales a little. Since last month, Sports Illustrated has been partnering with eBay (NSDQ: EBAY) on the creation of an online auction for print and digital...
Yahoo (NSDQ: YHOO) is expected to name its two new boardmembers by the end of the week, but there are conflicting reports on who they will name. Recall that as part of the company's settlement with Carl Icahn, the company agrees to expand its board to 11, giving Carl...
Poring over entertainment companies Q2 earnings results, NYP identifies a sharp divide in the way the studios are starting to regard the push toward releasing movies for same day DVD and online VOD release of movies. On one side, Time Warner (NYSE: TWX) and Sony (NYSE: SNE) are fairly...
Liberty Media (NSDQ: LINTA) Chairman John Malone, a maestro of the tax-efficient deal, said the company could be interested in swapping its stake in Time Warner (NYSE: TWX)—just under 3 percent at last reckoning—for the AOL access business. From Reuters: "Clearly an exit from the Time Warner equity state...
Considering the wider decline of the traditional music industry, Warner Music Group had a pretty good quarter, as the company's Q2 net loss narrowed to $9 million from $17 million and revenues gained 5 percent to $848 million from $804 million. But the high point was digital revenue, which...
Jeff Bewkes has been sitting at the desk where the Time Warner (NYSE: TWX) buck stops for seven months now, and beyond the Time Warner Cable (NYSE: TWC) spin and the New Line trim we're not all that much closer to his full vision of the company. It's really...
Huh. No, really...get school-aged kids to flog magazines door to door to bolster revenues. Time Inc. has bought out QSP, a school and youth groups fundraising company that was part of Reader's Digest Association, for $110 million in cash. RD is owned by PE firm Ripplewood Holdings.For Time Inc,...
Google (NSDQ: GOOG) has filed its 10-Q quarterly, and some interesting language about how it continues to value its 5 percent stake in AOL: "We review our investment in AOL (NYSE: TWX) for impairment in accordance with FSP SFAS 115-1, The Meaning of Other-Than-Temporary Impairment and Its Application to...
The backlash against remnant ad networks appears to be gaining, as Time Inc. is considering whether to move towards the model offered by premium vertical nets like fashion-focused Glam Media, Mediaweek reports. The piece also profiles Rodale's migration away from reliance on using third party ad nets to handle...
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