Time Warner Inc.
News and overview for Time Warner Inc.
AOL to go indie route Dec. 9
NAB SmartBrief | 6 days 12 hours 38 minutes ago
...once again become an independent company, its parent, Time Warner Inc., announced. The shift comes nearly nine years after AOL merged with Time Warner in what was intended to be a dynamic alliance of new...
Time Warner Profit Hurt By Time Inc., AOL
Discovery Executive NewsBlast | 18 days 12 hours 38 minutes ago
The Wall Street Journal reports that Time Warner saw operating profit decline 10% in the third quarter due to continued weak performance at AOL and Time Inc. However, the company upped its outlook for the year because of cost-cutting and strength in film and cable.
2 Results
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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. Its Turner Broadcasting unit oversees such cable channels as TBS, TNT, and Cartoon Network. Time Warner also operates pay-TV channels HBO and Cinemax. Online, 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.) | 46,984 (2008) |
|---|---|
| One-year % Growth in Sales | 1.1 (2008) |
| Net Income in U.S. Dollars (mil.) | -13,402 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 87,000 (2008) |
| One-year % Growth in Number of Employees | 0.7 (2008) |
| Fiscal Year-End | December |