Time Warner Inc.
After Peter Chernin ruled himself out, ex Vodafone (NYSE: VOD) chief Arun Sarin said no and former AOL (
- AOL
- Arun Sarin
- Autodesk
- Autodesk, Inc.
- Bush
- Bush's Council
- Carol Bartz
- Cisco
- Cisco Systems, Inc.
- design software maker
- Intel
- Intel Corporation
- Jerry Yang
- Jon Miller
- Peter Chernin
- smart devices
- Sun Microsystems
- Sun Microsystems, Inc.
- Sunnyvale
- Susan Decker
- Terry Semel
- Time Warner Inc.
- Vodafone
- Vodafone Group Plc
- Yahoo
- Yahoo! Inc.
The ABC.com episode player has delivered more than a half-billion episodes and a billion ads while ABC and Disney (NYSE: DIS) have sold "tens of millions" of episodes through iTunes, Anne Sweeney, co-chair, Disney Media Networks, and president, Disney-ABC Television Group, said during an Industry Insider session at CES this afternoon.
AOL (NYSE: TWX) is reshuffling parts of its products division with the departure of Kevin Conroy as AOL's EVP, products, for an executive post at Univision. AOL Video, AOL Radio, Winamp, SHOUTcast, widgets and a few other areas are being removed from the Products & Platforms Group to the AOL Programming Group under EVP Bill Wilson.
Discovery (NSDQ: DISAB) Communications (NSDQ: DISCA) gobbled up online reference site HowStuffWorks for $250 million back in late 2007, and network brass
Work in progress. We're in the not-a-crowded as usual ballroom at the Venetian where the first Microsoft (NSDQ: MSFT) keynote completely sans Bill Gate (well, he got a mention and some applause) is underway with Steve Ballmer on the stage.
Asked what Time Warner's plans for the AOL business and all its discordant parts—from access service to content and ad sales—CFO John Martin, in a Q&A the 2009 Citigroup Global Entertainment, Media & Telecommunications Conference in Phoenix, said that the company is still enthusiastic about exploring "strategic relationships." However, to be realistic, this is not the kind economic environment conducive to quick action.
-Google CEO Eric Schmidt says there's not much his company can do to ease the newspaper industry's death agonies. "We...can't materially change the way consumers behave." Uh, isn't that exactly what Google does? [Fortune]
Around the Net In Online Marketing: Time Warner Forced To Write Down AOL, Other Asset Values
Time Warner (NYSE: TWX) is warning investors that it will report a net loss ranging from $1.04 to $1.07 a share profit. Back in November, the company said it expected to income to grow 5 percent over 2007's $12.9 billion. The company is also expecting an impairment charge of $25 billion.
-Time Warner Cable has agreed to pay for the right to retransmit CBS shows over its tubes. The deal is a huge victory for CBS even though, whether to save face or avoid setting a precedent, the payments will take the form of higher fees paid to carry Showtime. [WSJ]
-Former Time Warner chairman Dick Parsons is under consideration to be the next secretary of the Commerce Department. [B&C]
