Time Warner (Archived)

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Last updated: 15 May 2004 Update History

Report Status: Archived

Report Pages: 7

Analyst: Lawrence Baker

Synopsis

Time Warner is a fully integrated media and communications company, whose businesses include interactive services, cable systems, publishing, music, cable networks and filmed entertainment. It became AOL Time Warner in January 2001 with the merging of Time Warner with America OnLine. Its telecommunication activities include: America Online, the world’s largest provider of interactive services, web brands, Internet technologies and e-commerce services; Turner Broadcasting, which includes CNN; HBO and Time Warner cable. The merger turned into a financial disaster with the company writing off $54 billion in 2002 and another $46 billion in 2003. It reverted to the name of Time Warner, and its operations had returned to positive territory in 2003, albeit with fewer assets.

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