{"id":13294,"date":"2013-11-07T21:21:11","date_gmt":"2013-11-08T02:21:11","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=13294"},"modified":"2013-11-20T13:14:37","modified_gmt":"2013-11-20T18:14:37","slug":"time-warner","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2013\/11\/07\/time-warner\/","title":{"rendered":"Time Warner"},"content":{"rendered":"
By Isabel Sherman<\/pre>\n
\"Time<\/a>
Time Warner Logo [1]<\/a><\/p><\/div>\n
Time Warner Inc.\u00a0<\/strong>
\nOne Time Warner Center
\nNew York, NY 10019-8016
\nPhone Number: 212-484-8000
\nwww.timewarner.com<\/a><\/p>\n
Key Executives:<\/strong><\/p>\n
\"Jeff<\/a>
Jeff Bewkes- Chairman of the Board and CEO, Time Warner Inc. [1]<\/a><\/p><\/div>
\"John<\/a>
John K. Martin-
Chief Financial and Administrative Officer, Time Warner Inc. [1]<\/a><\/p><\/div>
\"Howard<\/a>
Howard M. Averill- Senior Vice President and Deputy Chief Financial Officer of Time Warner Inc. [1]<\/a><\/p><\/div>
\"Paul<\/a>
Paul T. Cappuccio- Executive Vice President and General Counsel of Time Warner Inc. [1]<\/a><\/p><\/div>
\"Gary<\/a>
Gary L. Ginsberg- Executive Vice President of Corporate Marketing and Communications at Time Warner Inc. [1]<\/a><\/p><\/div>\u00a0For more information on executives\u00a0click here<\/a>.<\/p>\n
About Time Warner Inc.:<\/strong><\/span><\/p>\n
\"Time<\/a>
[1]<\/a><\/p><\/div>
\"Warner<\/a>
[1]<\/a><\/p><\/div>
\"Turner<\/a>
[1]<\/a><\/p><\/div> <\/p>\n
 <\/p>\n
 <\/p>\n
\"HBO\"<\/a>
[1]<\/a><\/p><\/div>\n
 <\/p>\n
 <\/p>\n
 <\/p>\n
Time Warner Inc<\/a>. is a\u00a0multinational\u00a0media corporation that provides high-quality media and entertainment content through varied outlets. It is one of the largest media conglomerates in the world. [16]<\/a> It has\u00a0businesses in television networks, film and television shows, and publishing. The company\u2019s four operating divisions are Home Box Office (HBO)<\/a>, Time Inc.<\/a>, Turner Broadcasting System <\/a>and Warner Bros. Entertainment.<\/a> [1]<\/a><\/p>\n
\"What<\/a>
[31]<\/a>\u00a0Visual representation of Time Warner’s TV assets<\/p><\/div>Time Inc<\/a>.\u00a0runs consumer titles including\u00a0People<\/a>,\u00a0Time<\/a>, and\u00a0Fortune<\/a>.\u00a0[16]<\/a><\/p>\n
Warner Bros Entertainment<\/a>\u00a0runs\u00a0Warner Bros. Pictures<\/a>,\u00a0New Line Cinema<\/a>,\u00a0Warner Bros. Television Group<\/a>, and\u00a0DC Entertainment<\/a>. [1]<\/a><\/p>\n
\"brand_stack\"<\/a>
[37]<\/a> Turner Broadcasting’s Brands<\/p><\/div>\u00a0Turner Broadcasting<\/a>\u00a0operates some of the leading cable TV networks\u00a0CNN<\/a>,\u00a0HLN<\/a>,\u00a0TNT<\/a>,\u00a0TBS<\/a>, \u00a0AdultSwim<\/a>,\u00a0Turner Sports<\/a>,\u00a0TCM<\/a>,\u00a0truTV<\/a>, and\u00a0Cartoon Network<\/a>.\u00a0Cartoon Network<\/a>\u00a0<\/strong>is a go-to channel for kids.\u00a0CNN<\/a>\u00a0is\u00a0the original 24-hour news network and delivers news to global audiences across all platforms.\u00a0[1]<\/a><\/p>\n
HBO<\/a> is the most successful TV-service in the world.\u00a0In 2012 it was the number one domestic premium pay television service in primetime and total day ratings. As of 2013, there are approximately 114 million\u00a0HBO and Cinemax<\/a> cable subscribers worldwide. There are 8.5 million registered users on HBO GO<\/a>, which is an unlimited access online\/tablet\/smart-phone service to watch HBO shows and movies that comes free with an HBO subscription.\u00a0[1]<\/a> Current popular HBO shows include The Newsroom<\/a>, Girls<\/a>, Veep<\/a>, True Blood<\/a> and Game of Thrones<\/a>.\u00a0[4]<\/a><\/p>\n
\"Girls\"<\/a>
[18]<\/a>\u00a0Girls – A show about 20-something girls in New York created by Lena Dunham<\/a>\u00a0is currently filming it’s third season, set to air\u00a0in January<\/p><\/div>
\"The<\/a>
[33]<\/a>\u00a0The Newsroom \u00a0– A political drama series created by Aaron Sorkin<\/a> just finished its second season on HBO<\/p><\/div>Competitors:<\/strong><\/span><\/p>\n
Major competitors to Time Warner Inc. include NBC Universal<\/a>, 21st Century Fox<\/a>, and The Walt Disney Company<\/a>. [16]<\/a><\/p>\n
A Brief History Starting with the Warner Brothers in 1923……<\/span><\/span>\u00a0<\/strong><\/p>\n
\"AOL<\/a>
[36]<\/a> A graphic representing the unsuccessful merger of Time Warner and AOL<\/a> that led to its split in 2009<\/p><\/div>\n
In 1923,\u00a0Polish immigrant brothers, the Warners, created the film company Warner Brothers Pictures Inc. in Los Angelos.\u00a0[2]<\/a>\u00a0\u00a0In 1972, Kinney National Company bought Warner Bros. and established Warner Communications (WCI).\u00a0[2]<\/a>\u00a0In 1989, Time Inc., which was at the time, the third largest cable operator in the country, merged with WCI and\u00a0Time Warner was formed.\u00a0[3]<\/a>\u00a0The company purchased Turner Broadcasting System in 1996.\u00a0[3]<\/a>\u00a0In January 2001, a $106 billion merger between AOL and Time Warner was approved.\u00a0[2]<\/a>\u00a0The company was called AOL Time Warner, but in 2003 it became just Time Warner.\u00a0[3]\u00a0<\/a>In 2009, Time Warner split with AOL.\u00a0[2]<\/a><\/p>\n
\u00a0Financials:\u00a0<\/strong>
\n<\/span><\/p>\n
Time Warner is publicly traded under the\u00a0NYSE<\/a>\u00a0with the symbol\u00a0TWX<\/a>.<\/p>\n
\"Chart<\/a>
Chart over the last three months (Sept. 18-Nov. 18) \u00a0 \u00a0 \u00a0 \u00a0 Visible upward trend [38]<\/a><\/p><\/div>\n
The third quarter for the company ended September 30, 2013.\u00a0[6]<\/a><\/p>\n
IMPORTANT STATS FROM 3RD QUARTER:<\/strong><\/span><\/p>\n
    \n
  • \u00a044 percent increase in earnings from $822 million for the same quarter a year ago to\u00a0$1.18 billion for the third quarter of 2013\u00a0[5]<\/a><\/li>\n
  • HBO and Turner’s channels provided the biggest increase for Time Warner in the quarter, revenue rose by $182 million to $3.5 billion, increasing 5% [5]<\/a><\/li>\n
  • Adjusted Operating Income increased 8% to $1.7 billion [6]<\/a><\/li>\n
  • Adjusted Operating Income margins increased year-over-year for the eighth time in the last nine \u2028quarters [6]<\/a><\/li>\n<\/ul>\n
    OTHER RECENT STATS:<\/strong><\/span><\/p>\n
    \"TBS<\/a>
    TBS Logo [20]<\/a><\/p><\/div>\n
      \n
    • At Turner, as of September, TBS was the #2 ad-supported cable network in primetime for adults 18-34 and 18-49 [6]<\/a><\/li>\n<\/ul>\n
      \"TNT<\/a>
      TNT Logo [21]<\/a><\/p><\/div>
      \"CNN<\/a>
      CNN Logo [22]<\/a><\/p><\/div><\/p>\n
        \n
      • \u00a0TNT finished the quarter (in September) as the #2 network among adults 25-54 in total day time ratings [6<\/a>]<\/li>\n<\/ul>\n
         <\/p>\n
         <\/p>\n
          \n
        • \u00a0\u00a0 Total day ratings for\u00a0CNN in its key demographic increased by 15% (September)\u00a0[6]<\/a><\/li>\n<\/ul>\n
          \"[25]\"<\/a>
          [25]<\/a><\/p><\/div>\n
           <\/p>\n
           <\/p>\n
           <\/p>\n
           <\/p>\n
            \n
          • \"[32]<\/a>
            [32] <\/a>Boardwalk Empire<\/a> took home 5 Emmys on September 22<\/p><\/div><\/li>\n<\/ul>\n
            September 22, 2013:<\/strong> HBO received 27 Primetime Emmy<\/a> Awards,\u00a0for series including Veep<\/a>, The Newsroom<\/a>, 5 for Boardwalk Empire<\/a> and 11 for the HBO movie\u00a0Behind the Candelabra<\/a>.\u00a0[25]<\/a>\u00a0This is the 12th year in the row that HBO has the highest number of Emmy Awards than other station)\u00a0[6]<\/a><\/p>\n
            \"Gravity<\/a>
            [1]<\/a>Gravity was released October 4, 2013 and has made $234,279,000 so far. [29]<\/a><\/p><\/div>\n
              \n
            • Alfonso Cuaron’s<\/a>\u00a03D space movie,\u00a0Gravity<\/a>,\u00a0<\/i>was the top October opening of all-time. It debuted to $55.8 million in North America.\u00a0Sandra Bullock<\/a>\u00a0and\u00a0George Clooney<\/a>\u00a0star in the movie. The movie contributes to Time Warner Inc.’s total revenue.\u00a0[19]<\/a><\/li>\n<\/ul>\n
              RECENT NEWS:<\/strong><\/span><\/p>\n
              Home Box Office:<\/strong><\/span><\/p>\n
              September 2013:<\/strong> HBO is set to release a new series,\u00a0Looking<\/a>, which stars Jonathon Groff<\/a>, best known for Glee<\/a> and the broadway show,\u00a0Spring Awakening<\/a>. The series centers on the life of three gay friends living in San Francisco. The show is created by Andrew Haigh<\/a> and is set to be released Sunday, January 19th<\/sup> at 10:30 p.m. on HBO. It is currently filming in San Francisco. [9]<\/a><\/p>\n