Time Warner Research Paper

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Film 4800
Media Conglomerate
Time Warner Inc is one of the largest well known media and entertainment conglomerates in the world. Time Warner’s brand consists of endless magazines, books, recorded music, motion pictures, online services, and broadcast cable television programming and distribution. Over the years Turner has owned, started and sold companies such as AOL, Time Warner Cable, Warner Bros. Pictures, DC Comics, Mad, Atari, Warner Music Group, Sports Illustrated, Life, Fortune, and People magazine since their development they have split off into independent companies. The company originated back in 1972 as Warner Communications which would later become Warner Communications Inc. in 1971. Warner Communications owned Warner Bros. Pictures, DC Comics, Mad, and Atari from 1976 to 1984. Atari and HBO brought in the most revenue for the company for many years. HBO was one of the first movie networks , and became an extreme success among premium cable stations at the time in the 70s. One of Time Warner Inc. biggest advantages …show more content…

financial standing has been steadily increasing over the decades with little folds or turn overs. Chairman and Chief Executive Officer Jeff Bewkes said: “We had another very successful year in 2013, with Turner, Home Box Office and Warner Bros. all posting record profits while also investing for future growth. Mr. Bewkes continued: “We also remain on track for the separation of Time Inc. into an independent publicly-traded company during the second quarter of 2014. And our plans to consolidate our New York City area operations into a single new location reflect our unrelenting focus on increased efficiency and collaboration.” (McGrath, Maggie) Over the years the company has had its pitfalls but also steadily increased in gross income with vertical and horizontal expansions. Although Time Warner is in very good standing financially and is a global market, their only true threat is competition of other media

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