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The struggling Internet company AOL plans to shed up to 2,500 jobs — more than a third of its work force — as it prepares to separate from Time Warner and finally sever their ill-fated marriage. Complete Story...
Media conglomerate Time Warner Inc. said Monday it has declared a regular quarterly dividend of 18.75 cents.
Time Warner said Monday that it will spin off its Internet business, AOL Inc., as a separate company on Dec. 9.
New regulatory filings suggest many more layoffs could be coming at AOL LLC as the Internet company separates from Time Warner Inc. by the end of the year.
Internet company AOL LLC, which will soon be spun off from parent Time Warner Inc., laid off about 100 full-time employees Tuesday.
AOL, the Internet service provider owned by Time Warner Inc., on Friday named Gilt Groupe CEO Susan Lyn0e to its board.
Time Warner Cable Inc., the nation's second biggest cable TV operator, said Thursday its profit fell 11 percent in the third quarter, weighed down by heftier interest expenses after piling on debt to separate from its parent, Time Warner Inc.
Media conglomerate Time Warner Inc. reported a 38 percent drop in third-quarter profit Wednesday after being hurt by declines at its AOL and publishing segments.
The head of Time Warner Inc. says he's not interested in making a bid for NBC Universal. That could strengthen the hand of Comcast Corp. as it explores whether to buy a controlling stake in the parent of the NBC network and Universal Studios.
Nielsen Company said Wednesday it signed a new 7-year deal that will wrap all of its ratings services for Time Warner Inc. together in one contract.
Time Warner Inc.'s second-quarter earnings beat Wall Street forecasts Wednesday despite a declining advertising market, as its Turner cable networks held up better than expected and "The Hangover" became a sleeper box office hit.
Time Warner Inc. bought back Google Inc.'s 5 percent stake in struggling Internet company AOL LLC for $283 million, according to a regulatory filing by AOL on Monday.
Time Warner Inc. and Comcast Corp. on Wednesday took concrete steps to bring cable television shows to the Internet — but only for paying cable subscribers.
Time Warner Inc. Chief Executive Jeffrey Bewkes chimed in Friday with the chorus of publishers wondering how much longer newspapers and magazines can afford to keep giving away their stories on the Internet.
When AOL flashed $147 billion in stock puffed up by the dot-com boom, Time Warner, one of the world's biggest media companies, fell into its arms in 2001. They swooned over their combination of Internet access and traditional media.
AOL, the struggling Internet unit that Time Warner Inc. is likely to spin off, said Thursday that it will put a new executive in charge of its online advertising business — making him the fourth person to hold that title in little over a year.
Time Warner Inc. said Wednesday that its first-quarter profit fell 14 percent on charges related to its cable unit spin-off. Amid an ad slump, the media conglomerate reaffirmed its guidance on flat profits for the full year.
Jeffrey Bewkes, the chief executive officer of media giant Time Warner Inc., was awarded compensation in 2008 valued at about $21.5 million according to an Associated Press tally of data filed with regulators.
Time Warner Inc. said Monday it will pay $241.5 million for a 31 percent stake in Central European Media Enterprises Ltd., the Bermuda-based broadcast company founded by cosmetics billionaire Ronald Lauder.
An executive from Google Inc. is becoming the latest CEO of AOL, raising hopes that he will be able to turn around Time Warner Inc.'s struggling Internet unit.
Time Warner Cable Inc. said Wednesday Chief Executive and director Glenn Britt will succeed Don Logan as chairman when the nation's second-largest cable company completes its spin-off from parent Time Warner Inc. at the end of the quarter.
Media and entertainment giant Time Warner Inc. reported a fourth-quarter loss, hurt by a previously expected $24.2 billion writedown for its cable, publishing and AOL assets.
Wall Street sent stocks tumbling Tuesday, frustrated by details lacking in the government's new bank bailout plan. While the Treasury Department outlined a plan to boost lending and remove assets from banks' books by partnering with the private sector, it did not say how, when, or at what price. Financial stocks took an especially steep dive.
The coming week on Wall Street will be largely shaped by events in Washington, with investors anticipating the passage of an economic stimulus bill while awaiting more details on how the Obama administration plans to save the nation's ailing financial system.
Time Warner Inc.'s Warner Bros. Entertainment movie studio said Tuesday it is eliminating nearly 800 jobs, or 10 percent of its global work force, and is examining further cost reductions.
AOL to cut one-third of workforceAOL and Time Warner combined in 2001, but in May, Time Warner stated its intention to spin off AOL into a separate company by the year-end. Company spokeswoman Tricia Primrose said a voluntary redundancy programme would begin on 4 December.
AOL: We Need to Fire 2,500 "Volunteers"AOL, which has already told investors that it will spend up to $200 million firing a good chunk of its staff, has now told its employees. It is looking for "up to 2,500 volunteers," CEO Tim Armstrong told his staff today. That's a third of the company's payroll.
AOL Spin-Off Is Set for Dec. 9 The media conglomerate Time Warner said on Monday that it would spin off its AOL unit to shareholders on Dec. 9, almost nine tumultuous years after one of the most disastrous corporate mergers in history.
Lou Dobbs Abruptly Quits CNNJonathan Klein, offered a choice to Lou Dobbs, the channel's most outspoken anchor. Mr. Dobbs could vent his opinions on radio and anchor an objective newscast on television, or he could leave CNN.
AOL Set To Spin-Off In Mid-December (TWX)Save the date! AOL plans to spin-off from Time Warner in mid-December, we've heard from three sources.
China Hopes to Create Its Own Media EmpiresChina plans to spend billions of dollars in the next few years to develop media and entertainment companies that it hopes can compete with global giants like the News Corporation and Time Warner, and will in the process loosen some of its tight control of these industries.
Magazines plan online newsstand, led by TimeTime Inc. is gathering U.S. magazine publishers to start a jointly run digital newsstand next year that would deliver their titles to mobile devices like increasingly popular electronic book readers.
ISPs to Add Mobile Broadband to Service PlansInternet providers like Comcast and Time Warner are beginning to offer mobile 3G service as a bundle with home Internet, reports the New York Times. The goal: undercut wireless providers like Verizon and AT&T, who sell such services for around $60 a month.
Time Magazine up for sale on declining revenuesCrawford made the comments during a September 24 discussion at University of Southern California's Annenberg School for Communication entitled "The Art of the Long View: The Media Company of 2020." Time Warner declined to comment on Saturday.
Will Anyone Use Interactive TV Ads?Cablevision plans to begin showing "interactive" advertisements to its cable customers next month, according to the Wall Street Journal, and other cable companies are following suit. The push is to make TV a "lean-forward" medium, says one Comcast exec.
Time Warner to put CNN, Cartoon Network on YouTubeOnline video site YouTube said on Wednesday it signed a deal with Time Warner to feature program clips from a range of its cable networks including CNN, Cartoon Network and Adult Swim. No financial details were disclosed.
YouTube gets Time Warner's CNN, TNT, "Gossip Girl"YouTube has signed a deal with Time Warner Inc (TWX.N) to feature program clips from a range of its cable networks, including CNN, Cartoon Network and TNT, the online video site said on Wednesday.
Google Sells Back Its Stake in AOL. There Goes $700 Million.Google finally sold back its 5 percent stake in AOL to Time Warner. Originally valued at $1 billion in 2005, Google ended up getting back only $283 million, including some cash distributions.
Google Sells AOL Stake Back To Time Warner For $283 MillionAs Time Warner (TWX) prepares to spin AOL off as a separate company, it's bought back the 5% stake in AOL that Google (GOOG) bought in 2006 -- for almost a quarter of what Google paid for it.
Shaking Off a Phantom AOL BillBack in 2000, I worked at a magazine published by Time Inc., a division of Time Warner. When Time Warner merged with AOL, all employees got a petite perk: a free AOL email account.
Time Warner, Comcast Plan to Wall Off Online TVWant to watch that hit TV show online? You may have to prove you're a cable-TV subscriber first. Amid the rush to make programming available for free online, Time Warner and Comcast are fighting back.
Web TV You'll Need to Pay to See: Time Warner, Comcast Roll Out "Authentication." Who Else Is In?The idea is to protect cable subscription revenues by giving pay TV customers–but only pay TV customers–Web access to all the shows they get on TV, and hoping that keeps them from canceling their subscriptions.
Comcast, Time Warner Team Up to Control TV on the InternetSometime tomorrow, Comcast and Time Warner will announce a partnership to promote the concept of TV Everywhere. Jeff Bewkes, chairman and CEO of Time Warner, and Brian Roberts, chairman and CEO of Comcast, will have a joint media conference tomorrow in New York.
Time Warner and AOL to separateUS media giant Time Warner says its board has approved plans to spin off its AOL internet division as a separate company by the end of this year.
Time Warner Will Be A-OK, according to Baron's Takeshareholders can see a boost in earnings...
Metering: The End of The Internet As You Know ItLast month, the nation's No. 2 cable company Time Warner Cable announced plans to test a new billing system known as "metering" that charges Internet customers depending on how much they download.
Net neutrality and bandwidth caps don't matter, it's all a diversionTHERE HAS BEEN a lot of talk lately over usage quotas on cable modems and how some are fair and others are not at all. The problem that most people don't get is that the numbers have nothing to do with the Internet, the entire argument is a diversion.
AOL Posts 23 Percent Decline In Revenues During 1st Quarter As It Prepares For Spin-OffTime Warner announced first quarter earnings today, giving us a peak at how AOL is doing. It' seen better days. Revenues were down 23 percent to $867 million. Of that advertising revenues made up about half ($443 million), but were down a gut-wrenching 20 percent.
Time Warner to Spin Off AOL DivisionTime Warner Inc. announced this morning in a filing with the Securities and Exchange Commission that it intends to spin off its ailing AOL division.
Time Warner, Embarq Hopes to Kill Little ISPToday reports from around the web say the two bigger ISPs are trying to persuade the state of North Carolina to put forward bills that would outlaw community services such as the one offered by Greenlight.
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