Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Malaysia Busts 80+ Lovers in Valentine's Day Raids Muslims face up to two years in jail »

NEWS ABOUT: Time Warner

As AOL Looks for Answers, Time Warner Hopes for Deal

The parent of the struggling Internet giant says AOL needs a partner

(Newser) - AOL’s efforts at launching an Internet ad-sales business—dubbed Platform A—continue to stumble, the New York Times reports. Parent Time Warner Monday fired another exec and yesterday said it’s willing to combine AOL with another company to jump-start the moribund division it’s already spent $1 billion... More »

CNN, in Comeback, Tops Fox, Boosts Profits

Exec Walton has overseen ratings comeback, doubled profits at cable icon

(Newser) - Five years after CNN’s fortunes were so low that Time Warner considered selling it, the cable news icon topped Fox News among 25- to 54-year-old viewers for the first month since 2001. The upstarts had CNN running scared for several years, but a new president has streamlined management, increased... More »

Warners Swallows New Line

Studio falls in latest Hollywood cost-cutting move

(Newser) - New Line Cinema, the studio that created the Lord of the Rings blockbuster franchise, will be folded into the Warner Brothers unit of Time Warner, reports the Los Angeles Times. It's a cost-cutting move and part of a trend that has seen DreamWorks swallowed by Viacom, and Miramax downsized by... More »

The Broadband Police Are Coming

Analysts fear impending crackdown on high bandwidth users

(Newser) - Enjoy your broadband while you can, because it won’t be this way forever. Consumer advocates think ISPs will soon have claim to have no choice but to crack down on high-bandwidth users or applications, in order to keep their networks afloat. Already Comcast has drawn fire for slowing file... More »

Time Warner Plans AOL Spin-Off

New CEO also considers selling Time Warner Cable

(Newser) - In an effort to revive the company's slumping stock, Time Warner's new CEO plans to break up AOL, keeping its growing online ad properties, but unloading its increasingly obsolete dial-up Internet service provider. Operating income at AOL fell 70% in the fourth quarter, as the company continued to lose Internet-access... More »

Time Warner Focus Turns to Possible Breakup

Investors want stripped-down, agile company

(Newser) - What do you do when you take over the world’s biggest media company? If you’re new Time Warner CEO Jeffrey Bewkes, you probably sharpen some knives. Bewkes may soon spin off AOL as well as the conglomerate’s cable and magazine divisions, Bloomberg reports. “There’s nothing... More »

Google Keeps Growing, Stock Keeps Rising

Predictions of $900 stock price as engine's market share grows

(Newser) - Google is already the US most popular search engine, but new data indicate it enjoyed a substantial jump in traffic this past month. Reuters reports that the search giant accounted for 58.5% of the American market. Google is trailed by Yahoo, Microsoft, IAC (the owners of Ask.com), and... More »

FCC Hatches Plan to Re-regulate Cable TV

Finds cable giants too dominant in market

(Newser) - The FCC is taking aim at cable television giants, finding that they have become too dominant, and is preparing to impose new regulations that would open the market to competition, the New York Times reports. Among proposals on the table is a cap that would block continued growth by the... More »

Radiohead Move Lowers Wall Street Appraisal of Music Majors

Labels fear more artists will adopt direct sales

(Newser) - Analysts downgraded leader Warner Music' stock to a "sell" today, predicting greater losses for the embattled music sector, News.com reports. Major labels remain unable to cope with digital undercutting of the CD format, and now fear a second front: the defection of high profile acts like Radiohead and... More »

AOL to Buy Online Ad Outfit Quigo

It's the last big acquisition in new restructuring plan

(Newser) - AOL will purchase online advertiser Quigo, its final acquisition on a major restructuring agenda. The Time Warner unit has had poor ad growth recently—13% this past quarter, down from 40% percent levels—and is seen as trying to stay competitive with Google and Yahoo. The purchase, reportedly valued at... More »

AOL Drags Time Warner Income Down 53%

Merger continues to be cautionary tale

(Newser) - Time Warner’s net income tumbled to $1.09 billion this quarter, compared to $2.32 billion a year earlier, thanks to a deeply underperforming AOL division, the Wall Street Journal reports. AOL last year dropped Internet-access fees, and with them 38% of its revenue, to focus on advertising. But... More »

Black Fortune 500 CEOs in Short Supply

Departure of Merrill, Time Warner chiefs knocks total to four

(Newser) - The departure of Dick Parsons from Time Warner and Stan O'Neal from Merrill Lynch has reduced the already sparse population of African-American CEOs running Fortune 500 companies to an extremely paltry four, reports AP. CEOs of any color have a short shelf life, and the small numbers of black chiefs... More »

Time Warner Names Bewkes New CEO

President of lagging media giant promoted; Parsons still chairman

(Newser) - Time Warner named Jeff Bewkes its new CEO today, effective Jan. 1, reports the Wall Street Journal. Bewkes, currently the president, will take over from outgoing CEO Richard Parsons, who will remain chairman of the struggling media giant. "We have a lot to do, and I'm intensely focused on... More »

Prince to Resign From Citigroup

CEO takes 'very unusual move' after bleak third quarter earnings and SEC probe

(Newser) - Growing pressure on Citigroup Inc. is prompting CEO Charles Prince to end his four-year rein this weekend. Bleak third-quarter earnings and an SEC probe of Citigroup's accounts have amped up existing frustration at the financial services company. Prince has "stepped up and done the right thing without forcing the... More »

Big Ten Network Blocked by Cable Dispute

65% of TV's in Big Ten states don't get the games, fans enraged

(Newser) - College football fans are angry, ABC News reports. A dispute between the new Big Ten Network -- devoted to the athletic conference -- and cable providers means that 65% of subscribers in the eight states which are home to the Big Ten schools don't get the network, which means missing... More »

Parsons Set to Leave Time Warner

Media giant denies report; current No. 2 likely successor

(Newser) - Time Warner CEO Richard Parsons is about to announce his departure, sources tell the Times of London, and will hand the reins to current second banana Jeff Bewkes. In his 5-year-plus tenure, Parsons held together the media behemoth after the much-ballyhooed AOL merger went south. Bewkes is expected to shake... More »

Struggling AOL to Take 2,000 Jobs Offline

Subscriber losses prompt Time Warner to trim workforce 20 percent

(Newser) - Internet icon AOL will pink slip 2,000 workers tomorrow—1,200 from the US—as the once-dominant service provider tries to re-energize its business. In August corporate parent Time-Warner announced that AOL had lost 1.1 million paying subscribers, and reported second-quarter sales of $1.3 billion, a 38%... More »

AOL Packs for Move to NY

The company employs 4,000 people in northern Virginia

(Newser) - AOL headquarters will move from Dulles, Va., to New York, improving access to the ad industry that's crucial to its evolving business strategy. Execs say AOL's 4,000 employees in the DC suburb won't lose their jobs, but locals are worried. "This is a loss and there is no... More »

New Line: Lord of the Rings or Last Action Hero?

Studio fires marketing chief, struggles to project identity

(Newser) - The movie business' sepia-haired stepchild New Line Cinema fired its chief marketing officer this week—signaling that execs are blistering for fundamental change. After 40 years, New Line has lost its cutting-edge credibility to the Indies, and is ranked dead last in box-office revenue among the majors, the LA Times ... More »

Corporate Buyers Muscle In on Private Equity Deals

Credit squeeze puts business-as-usual on hold

(Newser) - Corporations have the upper hand over private equity firms in acquisitions for the first time in years because of chaos in the debt markets, the Wall Street Journal reports. Private equity firms are stalled until the credit situation stabilizes and they can sell off some of their debt. Corporate buyers... More »

Stories 41 - 60 | << Prev   Next >>
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne