Time Warner
See also: Warner
Time Warner Inc. () (in the past AOL Time Warner ) is an active conglomerate in the sector of the Médias, born in 2000 by the fusion of AOL - supplier of access Internet - and of Time Warner - publication, production of films, and television programs. This fusion had caused controversies because of the risks of Monopole of this new entity in certain sectors.
Companies
Among the companies constituting this conglomerate one finds:
-
Time Warner Book Group(Transfer with the Group Lagardere (Hachette Livre) in March 2006, become since Hatchet Book Group the USA) - Time Warner Interactive Video
- Home Box Office
- New Line Cinema
- Time Inc.
- Time Magazine, weekly magazine of information
- People Magazine, magazine weekly
- Sports Illustrated, magazine sporting
- Fortune, economic Money Magazine, magazines
- Time Warner Cables, cable television operator
- Turner Broadcasting System Inc.
- CNN, television channel of information uninterrupted
- Turner South, TCM (Turner Classic Movies), TBS Superstation, Cartoon Network, TNT (Turner Network Television), Boomerang, television channels on the cable
- Atlanta Brave men, team of Baseball
- Warner Bros. Entertainment
- Warner Bros. Pictures
-
Warner Music Groupresold in 2003 - The CW (50%)
- cd. Comics
- Mad Magazine, humorous magazine
History
In 1972, National Kinney Company, following a scandal, gives up its activities apart from the industry of the leisures and takes the name of Warner Communications. Its president is Steve Ross.
At the end of the years 1980, Warner Communication and Time Inc. is linked in a company called Time Warner. In 1996, Time Warner repurchases the company Turner Broadcasting System of Ted Turner.
In 2001, AOL amalgamates with Time Warner. The new group, directed by Steve Case and Gerald Levin, takes the name of AOL Time Warner then.
End 2003, Time Warner resells the Warner Music Group with a consortium directed by Edgar Bronfman Jr.
Financial informations
(AOL) Time Warner is with dimensions with the New York Stock Exchange under code TWX (before AOL). Mid-February 2003, the Market cap rose to 49 billion dollars and the actions were negotiated with 11,07 dollars. In January 2000, at the time of fusion between AOL and Time Warner, capitalization was of 280 billion dollars.
In 2003, the company announced an annual loss of almost 100 billion dollars for the year 2002.
See too
Related article
External bonds
- Official site of the Company Time Warner™
| Random links: | Jael operation | List deputies of Seine-et-Marne | Rugby flag | Save which can (life) | Herminiimonas | Kaang |