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NEWS ABOUT: Time Warner

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Stocks Shoot Up at Open

Dow sees triple-digit rise

(Newser) - Is the panic over on Wall Street? The Dow shot up around 131 points, and the S&P and Nasdaq were up 13.5 and 26.2 as of 9:39am EST. Part of the gain came from Google’s blockbuster acquisition of Motorola , which sent the latter’s stock... More »

Latest Cable Battle: Beaming Straight to iPad

Time Warner draws networks' ire with live-TV app

(Newser) - A feud has erupted between Time Warner and cable networks after the cable provider released an iPad app for 32 live TV channels. Time Warner, which didn’t get permission from the networks, says it is “well within our rights” to transmit to any home device, provided it does... More »

AOL Weighs Breakup, Yahoo Merger

Internet firm could split dial-up, advertising arms

(Newser) - As AOL shifts to focus on content, the Internet firm is considering breaking off its dial-up Internet service arm and then merging with Yahoo, insiders tell Reuters . Yahoo hasn’t been contacted about the plan, which echoes a move Time Warner considered in 2008 and 2009 before spinning off AOL.... More »

10 Worst-Managed Companies of 2010

Yahoo, Boeing are new entries

(Newser) - TheStreet.com has its least favorite companies listed on its site. It has two new additions and many returning losers. New to its list of the most egregiously poor performers is Yahoo. Both Yang and Bartz are dissed equally. Then there's Boeing—making the F grade for the so far... More »

Time Warner Tries to Charge $12K Installation Fee

Town says it's violating agreement

(Newser) - Time Warner is more than happy to install Mark Williams' cable: For the low-low price of $12,000. The cable company justifies the cost using the “long driveway” clause in its contract with the town of Lee, Mass., Failure Magazine reports, because Williams' house is a half-mile from its... More »

Glitch Lets Kids See Playboy Channel

Time Warner snafu gives North Carolina youths previews

(Newser) - Whoops! Kids watching cartoons yesterday morning may have been shocked by glimpses of something not exactly G-rated: the Playboy channel. A two-hour equipment failure allowed previews for the X-rated channel to run in the corner of two kid-specific Time Warner channels in parts of North Carolina, the News & Observer... More »

Fox Stations Will Stay on Time Warner Cable

News Corp. makes a deal well past original deadline

(Newser) - Time Warner Cable and News Corp. made a deal tonight that will keep the Fox networks on the cable giant's systems. The agreement came nearly a day after the original midnight deadline and minutes before the kickoff of the Sugar Bowl. Terms were not disclosed, but News Corp. had been... More »

The Pros, Cons of Losing Fox

Sure, you might miss Glee, but will you really miss Family Guy?

(Newser) - Brian Moylan isn’t sure how to feel about the possibility of Fox channels going dark after tonight's midnight deadline with Time Warner: No more mocking of American Idol is a bummer, but life with no more nip/tuck? That’s a bonus for him. He lists the other pros and... More »

Dying MGM Taking Bids

Struggling studio could be picked up by Time Warner

(Newser) - MGM Studios, once the stuff of Hollywood legend, is on the chopping block: The first bids from potential buyers are expected in the next few weeks, reports Variety . MGM made only one film this year—the poorly-performing Fame—and, possibly even sadder, its future projects include the grim-sounding Hot Tub ... More »

AOL to Lay Off a Third of Staff

Roughly 2300 will get the boot after spin-off

(AP) - AOL says it plans to cut about a third of its work force once it is spun off from Time Warner. That would amount to nearly 2,300 of the roughly 6,900 workers at the struggling company. AOL said in a securities filing today it will impose the cuts... More »

Time Warner Enlists Networks for Internet TV Test

'TV Everywhere' to include CBS, HBO, and more

(Newser) - Time Warner has signed up at least a dozen networks for a new Internet TV service, and plans to test the service in select markets soon, the Charlotte Business Journal reports. Onboard are CBS, HBO, Syfy, AMC, and Time Warner’s own TNT and TBS, among others. Time Warner is... More »

TV Companies Team Up to Take On Nielsen

(Newser) - A  group of media companies has joined forces with major advertisers to challenge Nielsen's dominance in TV ratings measurement, the Financial Times reports. The firms involved—including NBC, Time Warner, Disney, and Procter & Gamble—aim to have their rival audience measurement scheme up and running by next month,... More »

TMZ Scoops World on Jackson Death

(Newser) - TMZ left its more savory rivals in the dust yesterday, reporting Michael Jackson’s cardiac arrest and death before any other media outlet, the Chicago Tribune reports. The AOL gossip website reported Jackson’s death at 2:44 local time, less than 20 minutes after the singer expired. But many... More »

Time Warner Set to Spin Off AOL by Year's End

Division to go public by year's end

(Newser) - Time Warner plans to to shed its AOL division by the end of the year, the company said today, spinning it off into a publicly traded firm, the Wall Street Journal reports. Many predicted the move when Time Warner tapped Google ad exec Tim Armstrong as AOL’s CEO, and... More »

Amazon to Roll Out Kindle for Textbooks

(Newser) - Amazon will unveil a bigger new version of the Kindle tomorrow, designed to handle textbooks and periodicals, the Wall Street Journal reports. Amazon already has deals in place with several textbook publishers for content, and with various universities, including Princeton, Reed College, and Arizona State, to get the device into... More »

AOL Names Former Google Exec as CEO

(AP) - AOL is getting a new CEO. Tim Armstrong, a senior vice president at Google, will replace Randy Falco, who took the job in late 2006. Falco is leaving along with president and COO Ron Grant. The shakeup could mean that a Time Warner spin-off of AOL is more likely. Time... More »

Warner Bros. Watches Watchmen to Gauge Health

(Newser) - Warner Brothers restructured last year to focus on producing blockbusters like The Dark Knight, and now the studio is waiting to see if the move pays off with Watchmen, the Financial Times reports. Warner can finance a slew of films with profits from one “tent pole” movie. “The... More »

Time Warner Posts $16B Loss on Declining Media Value

Conglomerate takes $25 writedown as publishing, Net assets cheapen

(Newser) - Time Warner reported a shattering fourth-quarter loss of $16 billion, prompted by plunging ad sales and a $25 billion goodwill writedown to reflect the decline in cable, publishing, and Internet assets, Bloomberg reports. While the media conglomerate took a hit from plummeting revenue at AOL and its magazines, rising revenue... More »

Time Warner, Viacom Reach Zero-Hour Deal

Cable provider keeps grip on Nickelodeon, Comedy Central, MTV

(Newser) - The countdown to the New Year was a frantic one for Viacom and Time Warner. The companies had set a midnight deadline in their tense negotiations to keep Viacom’s networks—which include MTV, Comedy Central, and Nickelodeon—on the massive cable provider. As the ball dropped, Viacom granted a... More »

Sobbing SpongeBob Joins Viacom Fee Dispute

Ads aimed at winning support in Time Warner feud feature a sobbing Spongebob

(Newser) - Viacom is enlisting some of its best-known kid cartoon characters in a contract renewal battle with Time Warner, the Wall Street Journal reports. Viacom wants higher fees from the cable carrier for its channels, which could disappear from Time Warner's service at midnight tonight if no new deal is reached.... More »

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