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  • Debunker

    That Time Warner Breakup

    By Nick Denton, 4:18 PM on Wed Feb 6 2008, 438 views (Edit, to draft, Top, Slurp)

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    So, Time Warner, which owns the HBO cable network, Warner Studios, Time Inc. magazines and a slew of other properties, was supposed to be breaking itself up under ruthless new boss, Jeff Bewkes. So, what assets will the giant Manhattan media conglomerate shed? It may possibly reduce cable holdings; split up AOL, as long-rumored; and review strategic options for the resulting internet businesses. And 100 corporate jobs are to go. Radical!

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    It's not a great time to be a media conglomerate. Time Warner and Barry Diller's IAC both put out earnings this morning that are pretty painful. Especially for Time Inc. IAC lost $28.4 million this quarter on weak advertising. More »

    Read More: Debunker, Time Warner
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