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BUSINESS
December 12, 2008 | from times wire reports
Time Warner Inc. named Chief Executive Jeffrey Bewkes to the additional role of chairman, in line with a succession plan outlined by current Chairman Richard Parsons earlier this year. Parsons, 60, will step down Dec. 31, Time Warner said. Bewkes, who became CEO in January, had a contract that allowed him to retire if he didn't become chairman after one year.
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BUSINESS
November 23, 2006 | James S. Granelli, Times Staff Writer
Former Comcast and Adelphia customers sued Time Warner Cable Inc. on Wednesday, alleging disruptions and other problems when their cable TV and Internet services were converted to Time Warner's network. The suit comes as Time Warner works to move 1.6 million customers to its system. "This widespread disruption made a mockery of [Time Warner's] promises that these cable services would not be interrupted as a result of the migration," the suit filed in Los Angeles County Superior Court alleges.
ENTERTAINMENT
March 7, 2013 | By Joe Flint
After the coffee. Before asking why I can't go to South by Southwest. The Skinny: I need to catch up on FX's "The Americans. " I'm two episodes behind and if I fall one more behind I may throw in the towel. Thursday's headlines include Time Warner's decision that Time is not on its side and a preview of the South by Southwest festival. Daily Dose: The other day the New York Post reported that NBC would like Howard Stern to replace Jimmy Fallon in late night if Fallon replaces Jay Leno.
BUSINESS
November 21, 1997 | Bloomberg News
Time Warner Inc. said it will buy back as many as 20 million shares, adding to its program to offset the shares issued for the exercising of stock options. The company said in April it would buy back 15 million shares; about 14 million have been bought at an average price of $42 each. The company had about 573 million shares outstanding at the end of the third quarter. Time Warner is expected to launch a larger buyback if its recovery continues into 1988, analysts said.
ENTERTAINMENT
December 16, 2013 | By Joe Flint
After the coffee. Before arranging to have Aloe Blaac's "The Man" played every time I enter the office. The Skinny: Yes, my beloved Redskins lost again, but at least we went down fighting. Now about that "Homeland" season finale: Well, if you can't say anything nice... I don't want to spoil it for anyone but a Twitter pal noted that the climatic moment looked like it was right out of the camp classic "Zorro: The Gay Blade. " Monday's roundup includes the box office recap and a look at the holiday box office overall.
BUSINESS
April 26, 1995 | From Times Wire Services
Time Warner Inc. has taken a 10% stake in Interactive Digital Solutions, a joint venture between Silicon Graphics Inc. and AT&T Network Systems that provides multimedia software, the companies said Tuesday. Under the agreement, Time Warner's entertainment subsidiary will contribute rights to the software used in its Orlando, Fla.
BUSINESS
April 18, 1992 | From Associated Press
The media-entertainment giant Time Warner Inc. said Friday that it plans to arrange a private placement of $1 billion in long-term debt with institutional investors. The company said it planned to use proceeds from the placement for reducing its commercial bank debt and said the move would strengthen its balance sheet. Its bank debt accounts for most of its $8.7 billion in long-term debt.
BUSINESS
July 1, 2004 | James Bates and Claudia Eller, Times Staff Writers
Time Warner Inc. has come up with a preliminary bid for Metro-Goldwyn-Mayer Inc., though it has yet to finalize either the price or other key details, people familiar with the negotiations between the two said late Wednesday. MGM sources have in the past said that they believe buyers would pay $5 billion for the legendary Los Angeles studio. But Time Warner executives, including Chairman Richard Parsons, have privately made it clear that they think that would be a very rich price.
BUSINESS
December 22, 2005 | Meg James, Times Staff Writer
Jeff Bewkes, who oversees Time Warner Inc.'s vast entertainment empire, was named president and chief operating officer Wednesday, firmly establishing him as next in line to run the world's largest media company. Bewkes, 53, had been considered by Wall Street to be the front-runner to succeed Chief Executive Richard Parsons even while sharing chief operating duties with Don Logan, the 61-year-old head of the company's cable, publishing and Internet divisions.
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