Time Warner Inc.

News and overview for Time Warner Inc.

Time Warner Cable Inc. Announces Debt Offering [Press Release]
Business Wire | 19 days 7 hours 43 minutes ago
Time Warner Cable Inc. (NYSE:TWC) today announced that it has commenced an underwritten public offering of debt securities with maturities of 5 and 10 years. The net proceeds from the issuance of the debt securities are expected to be used to finance, in part, a one-time dividend to stockholders of Time Warner Cable to be paid just prior to the previously announced separation of Time Warner Cable from its parent company Time Warner Inc. If the separation is not consummated and the special div...


Time Warner Cable Prices a $2 Billion Debt Offering [Press Release]
Business Wire | 18 days 20 hours 57 minutes ago
Time Warner Cable Inc. (NYSE:TWC) today announced that it has priced a $ 2 billion underwritten public offering of debt securities, including $750 million aggregate principal amount of 8 ¼ % notes due 2014 and $1.25 billion aggregate principal amount of 8 ¾ % notes due 2019. The net proceeds from the issuance of the debt securities are expected to be used to finance, in part, a one-time dividend to stockholders of Time Warner Cable to be paid just prior to the previously announced separation ...


Time Warner Inc. Reports Third-Quarter 2008 Results [Press Release]
Business Wire | 27 days 11 hours 4 minutes ago
Time Warner Inc. (NYSE:TWX) today reported financial results for its third quarter ended September 30, 2008.


Time Warner Inc. Updates 2008 Full-Year Business Outlook [Press Release]
Business Wire | 27 days 11 hours 3 minutes ago
Time Warner Inc. (NYSE:TWX) today updated its 2008 full-year business outlook.


Time Warner Cable Reports 2008 Third-Quarter Results [Press Release]
Business Wire | 27 days 10 hours 50 minutes ago
Time Warner Cable Inc. (NYSE: TWC) today reported financial results for its third quarter ended September 30, 2008.


Time Warner Cable Updates 2008 Full-Year Business Outlook [Press Release]
Business Wire | 27 days 10 hours 49 minutes ago
Time Warner Cable Inc. (NYSE: TWC) today updated its 2008 full-year business outlook.


Time Inc. Plans to Close Cottage Living
Wall Street Journal, The | 13 days 4 hours 59 minutes ago
On the heels of a management overhaul, Time Inc. announced it will close its Cottage Living magazine.The move, announced late Tuesday, underscores the tough times both for magazines devoted to home design, and for the Time Warner Inc. unit, which is shedding hundreds of jobs and streamlining its management ranks. Cottage Living adds to a growing list of magazine closures this year, including Hearst Corp.'s CosmoGirl and Conde Nast Publications' Golf for Women.


Time Inc. Overhaul Threatens 600 Jobs
Wall Street Journal, The | 34 days 16 hours 30 minutes ago
Time Inc. announced a radical restructuring of its business and management, a move expected to be a prelude to hundreds of job losses at the Time Warner Inc. magazine unit.The unit, which publishes Time, People and more than 100 other magazines, said it needs to make itself more nimble in the face of tough industry conditions. The management shuffle announced late Tuesday will be followed in coming weeks by details on staff cuts and the structure of the business.


Time Warner and Time Warner Cable to separate
MarketWatch | 195 days 7 hours 49 minutes ago
WASHINGTON (MarketWatch) - Entertainment giant Time Warner Inc. revealed details Wednesday of its plan to spin off Time Warner Cable, a move that will result in the parent company receiving a dividend payment of $9.25 billion.


Stakes Are High for Turner Book
Wall Street Journal, The | 20 days 23 hours 8 minutes ago
Colorful and candid, sometimes eccentric, sometimes visionary, Ted Turner was a true business celebrity in his day. Now, a bit more than two years after he resigned from the board of Time Warner Inc., his publisher is about to learn whether Mr. Turner's presence -- and more important, his new autobiography, "Call Me Ted" -- is still capable of drawing crowds. The title hits the bookshelves Monday.Mr. Turner has been in the public eye for decades. The former Time magazine man of the year creat...


Time Warner Curbs DVDs
Wall Street Journal, The | 21 days 1 hour 1 minute ago
Time Warner Inc. film studio Warner Bros. is getting out of the business of distributing DVDs in South Korea because of Internet piracy, marking the latest withdrawal by Hollywood in one of the world's most wired countries.In coming weeks, Warner Bros. will shut its DVD operations in South Korea and sell licensing rights to a local company, which will take over the distribution of its movies, a Warner Bros. spokeswoman said.


Time for Some Magazine Sales
Wall Street Journal, The | 27 days 1 hour 5 minutes ago
Jeff Bewkes doesn't need more time.Whether Time Warner Inc. should hold on to its magazine publishing unit, including the flagship title Time, long has been a question confronting top management. The 35% drop in the unit's third-quarter operating income, dragging down Time Warner's overall growth, should have provided at least part of the answer for the new CEO.


Fitch Rates Time Warner Cable's Sr. Unsecured Notes 'BBB'; Outlook Stable [Press Release]
Business Wire | 19 days 2 hours 11 minutes ago
Fitch Ratings has assigned a 'BBB' rating to Time Warner Cable's (TWC) benchmark size senior unsecured notes maturing February 2014 and 2019. The proceeds from the offering are expected to be used to fund part of the $10.9 billion special dividend payment that is expected to be paid prior to the completion of TWC's separation from its parent Time Warner, Inc. Fitch expects the separation transaction to close early in 2009. The notes will be guaranteed by Time Warner Entertainment Company, LP ...


Remembering the Past While Celebrating the Present [Press Release]
PRNewswire | 17 days 23 hours 47 minutes ago
...and the Time Life logo are registered trademarks of Time Warner Inc. and affiliated companies, used under license by...Holdings Americas Inc., which is not affiliated with Time Warner Inc. or Time Inc. Headquartered in Fairfax VA, Direct Holdings...


Women to Watch
Wall Street Journal, The | 22 days 17 hours 27 minutes ago
Confronted this year by high commodity prices, a downturn in U.S. beverage sales, and other consequences of the souring economy, Indra Nooyi didn't shy from some bold steps. PepsiCo Inc.'s chairman and chief executive launched an aggressive belt-tightening program this fall to generate more than $1.2 billion in savings over the next three years.Ms. Nooyi, 53 years old, says the tough measures -- including the elimination of 3,300 jobs and the closing of some plants -- were necessary to put Pe...





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Company Overview


Company: Time Warner Inc.
Industry: Media
Website: http://www.timewarner.com

Even among media titans, this company is a giant. Time Warner is the world's largest media conglomerate with operations spanning film, television, cable TV, publishing, and online content and services. Its film and TV production division Warner Bros. Entertainment includes Warner Bros. Pictures and New Line Cinema, while its television properties include Cinemax, HBO, and Turner Broadcasting. Time Warner Cable is the #2 cable operator (behind Comcast), serving more than 14 million subscribers, while its AOL unit attracts more than 100 million Internet users to its online content portal. Venerable Time Inc. is the top consumer magazine publisher with such titles as Fortune, People, and Time.


Key Numbers

Sales in U.S. Dollars (mil.) 46,482 (2007)
One-year % Growth in Sales 5.1 (2007)
Net Income in U.S. Dollars (mil.) 4,387 (2007)
One-year % Growth in Net Income -33.0 (2007)
Number of Employees 86,400 (2007)
One-year % Growth in Number of Employees -6.8 (2007)
Fiscal Year-End December