Advertisement
YOU ARE HERE: LAT HomeCollectionsTime Warner
IN THE NEWS

Time Warner

FEATURED ARTICLES
BUSINESS
August 3, 2011
Media conglomerate Time Warner Inc. said Wednesday that its second-quarter profit grew 14 percent, thanks to higher revenue from its TV channel business, video games and movies such as "The Hangover Part II. " The owner of HBO, Warner Bros. and People magazine reported net income of $638 million, or 59 cents per share, in the April-June period, up from $562 million, or 49 cents per share, a year earlier. Adjusted earnings were 60 cents per share in the latest quarter, above the 55 cents per share that analysts polled by FactSet had expected.
ARTICLES BY DATE
ENTERTAINMENT
April 25, 2014 | By Joe Flint
Time Warner Cable is starting to get more aggressive about wooing customers of rival pay-TV services to change providers if they want to see Dodger games. "Switch today and never miss a game," says a recent advertisement from the cable company, which is handling distribution for the Dodger-owned channel SportsNet LA. If watching the Dodgers is not enough of an enticement, Time Warner Cable is also offering a $300 Visa Reward Card. Until recently, Time Warner Cable steered clear of advertisements trying to convince people to switch to its service.
Advertisement
BUSINESS
November 3, 2010
Time Warner, the media conglomerate behind Warner Bros., HBO, CNN and DC Comics. said Wednesday its third-quarter net income declined, but adjusted earnings surpassed Wall Street's expectations thanks to growing subscription and ad revenue in its networks business. Providing more evidence that the advertising freeze has begun to thaw, the company again raised its adjusted earnings outlook for 2010, saying it now expects percentage growth in the high 20 percent range. In August Time Warner said it expects growth of "at least" 20 percent, another raise from the prior quarter.
BUSINESS
April 22, 2014 | By Jon Healey
This post has been updated, as indicated below. The revolutionary Fan TV set-top box and viewer guide will soon be available to Time Warner Cable customers across the country, marking the first formal roll-out of a product that delivers a combination of live TV, pay-TV services and online video on demand through a minimalist receiver. Fan TV, which San Francisco-based start-up Fanhattan unveiled 11 months ago, is unusual in at least three respects. All the programming, including broadcast TV, is transmitted via Internet Protocol, à la an online video service such as Netflix.
ENTERTAINMENT
March 6, 2013 | By Joe Flint
There's no more Time Inc. at Time Warner. Time Warner said it is spinning off its Time Inc. magazine unit -- home to such titles as Time, People, Sports Illustrated and Fortune -- into a separate, publicly traded company. The move comes after talks to merge Time Inc. with Meredith Corp., another magazine publisher, collapsed. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc.," said Time Warner Chief Executive Jeff Bewkes, who added that the move will allow the company to "focus entirely on our television networks and film and TV production businesses" and give Time Inc. "the flexibility and focus of being a stand-alone public company.
BUSINESS
April 17, 2011 | By Andrew Leckey
Question: Can I expect my shares of Time Warner Inc. to continue to gain in value? Answer: Long-term success for this media and entertainment company is likely to depend on original thinking in adapting to a changing media landscape. Time Warner owns cable TV channels HBO, CNN, TNT and TBS; movie studio Warner Bros.; and such magazines as People, Time and Sports Illustrated. It generates nearly one-third of its sales outside the U.S. The company's bottom line is likely to get a boost this year from film sequels "Harry Potter and the Deathly Hallows: Part 2," "The Hangover: Part II" and "Happy Feet 2. " On the smaller screen, TBS has a late-night hit on its hands with "Conan," but HBO has yet to equal past blockbusters "The Sopranos" and "Sex and the City.
BUSINESS
April 21, 1990
Some companies keep their eyes on the bottom line and their ears to the ground. Time Warner Inc. has placed theirs on the company's new corporate logo, designed by New York's Chermayeff & Geismar Associates. Ivan Chermayeff said the logo defines the company. "We simply asked ourselves, what is the business of Time Warner," Chermayeff said. "At its elemental level, Time Warner's products appeal to the eye and the ear."
BUSINESS
July 30, 2009 | Ben Fritz
A strong "Hangover" wasn't enough to keep Time Warner from becoming the latest media conglomerate to get hit by the soft advertising and DVD markets. The parent company of Warner Bros. reported a 34% decline in net income to $519 million and a 9% drop in revenue to $6.8 billion for the second quarter. Results were dragged down by troubled online division AOL, which will be spun off into an independent company later this year, and magazine group Time Inc.
ENTERTAINMENT
February 5, 2014 | By Joe Flint
There's been no Netflix effect on HBO. Time Warner Chief Executive Jeff Bewkes, who used to mock Netflix as the "Albanian army" coming to take over the world, said its success doesn't hurt HBO either in terms of revenue or eyeballs. Talking to investors and analysts about its fourth-quarter and year-end earnings, Bewkes noted that HBO and its sister channel Cinemax added 2 million subscribers last year. Overall HBO is in 130 million homes around the globe compared to 44 million for Netflix.
ENTERTAINMENT
November 7, 2012 | By Ben Fritz
"To me, the headline this quarter was the continued ... strength at our networks business," Time Warner Chief Executive Jeff Bewkes boasted Wednesday as the media conglomerate reported strong financial results driven by channels including HBO, TNT and TBS. Net income for the company as a whole and operating income across its business segments during the third quarter ended Sept. 30 was better than analysts had expected, driving a 3% rise in its share price to $44.41 by midday trading.
SPORTS
April 19, 2014 | By Bill Shaikin
The Dodgers play host to the Colorado Rockies on Friday, exactly two months after the launch of SportsNet LA. At this rate, there will be nothing to celebrate. For far too many fans, there will be no game to see. Vin Scully does not get SportsNet LA in his home. Peter O'Malley does not. Fred Claire does not. Claire was the general manager the last time the Dodgers won the World Series, in 1988. That was the year a cable television outfit called the Z Channel carried 35 Dodgers home games.
SPORTS
April 17, 2014 | Chris Erskine
Bad TV deals are becoming a ruinous force, the Time Warner Cable deal the latest example, with Dodgers fans held hostage in yet another standoff. Welcome to America, 2014. It used to be copious bundles of advertising cash were once enough to keep TV and ballclubs afloat, now copious amounts of cable cash are required. Stop this train. I want to get off. Why isn't Bud Selig helping solve this fiasco? Where's L.A. Mayor Eric Garcetti? We also have a couple of U.S. senators I haven't seen in maybe three years, and they are AWOL too. Feeling used or abandoned, Dodgers fans?
ENTERTAINMENT
April 11, 2014 | By Joe Flint
The tensions between DirecTV and the Dodgers and Time Warner Cable over the team-owned channel SportsNet LA are extending beyond the Los Angeles city limits. Dodgers officials and executives from Time Warner Cable -- which distributes SportsNet LA -- are privately grumbling that DirecTV has been selective in offering the SportsNet LA feed as part of its "Extra Innings" package. The three are already at odds over the satellite broadcaster's decision not to sign a deal to carry SportsNet LA in Southern California.
BUSINESS
April 10, 2014 | David Lazarus
Call it a curveball that nobody wants to swing at. After decades of forcing consumers to pay for channels they don't want, the pay-TV industry is strongly resisting Time Warner Cable's efforts to make subscribers of all its rivals pony up $4 to $5 a month for a Dodgers channel. All eyes are currently on satellite heavyweight DirecTV, whose 1.2 million Los Angeles customers give it a roughly 30% share of the local pay-TV market, slightly less than Time Warner's estimated one-third market share.
ENTERTAINMENT
April 9, 2014 | By Joe Flint
Senior executives from Comcast and Time Warner Cable were grilled for more than three hours Wednesday about their proposed merger by a mostly skeptical Senate Judiciary Committee concerned that the more than $40-billion deal would be bad for consumers and competition. “Where's the beef? Where's the 'there' there for consumers?” asked Sen. Richard Blumenthal (D-Conn.), who added that there is a "general sense of skepticism" that a combination of the nation's biggest cable and broadband suppliers will benefit anyone other than the two companies.
ENTERTAINMENT
April 9, 2014 | By Joe Flint and Meg James
Comcast Corp., already the nation's largest cable and Internet provider, says it needs to get bigger to compete against the formidable giants of Silicon Valley. The Philadelphia-based cable behemoth said in a government filing Tuesday that its proposed $40-billion acquisition of Time Warner Cable Inc. will benefit consumers without limiting competition. Both companies contend that they need muscle to compete against emerging competition from Google Inc., Apple Inc., Netflix Inc. and Amazon.com Inc. Comcast said in a 175-page document filed with the Federal Communications Commission that the deal would mean better Internet and cable TV service for millions of consumers.
SPORTS
July 24, 2009 | DIANE PUCIN, ON SPORTS MEDIA
It was only 54 seconds. That's how much of the Dodgers game some Time Warner cable customers missed Wednesday night. Hardly worth complaining about, except here's what happened in those 54 seconds: Manny Ramirez, on Manny Ramirez Bobblehead Night, hit a pinch-hit grand slam, a game-winner actually, into the part of Dodger Stadium called Mannywood.
ENTERTAINMENT
April 8, 2014 | By Joe Flint
Comcast and Time Warner Cable told the government that their proposed marriage would "enhance consumer welfare and competition and deliver substantial public interest benefits. " In a 175-page filing with the Federal Communications Commission, the two cable and Internet giants said their combination will "provide unique benefits to both consumers and businesses" and "broadly advance the public interest in multiple concrete ways. " The public interest filing is phase one of Comcast and Time Warner Cable's efforts to get their deal -- valued at more than $40 billion through regulators and lawmakers.
Los Angeles Times Articles
|