Articles about "Time Warner"

Comcast becomes Autobot in Taiwanese animation about Time Warner deal

Next Media Animation's video about Comcast's proposed purchase of Time Warner Cable does not disappoint. At one point, hoodie-clad young men with the names of various networks -- ESPN, Fox, HBO -- chase cable guys across a playground with machine guns blazing. But then the cable guys' vans turn into a giant robot that vaporizes the network dudes. The robot then mugs a subscriber.

Later the new company stops the same poor schmuck from downloading a picture of a naked woman. "Sounds like a win-win situation," the narrator says.

Local stations ‘have reason to sweat’ over Comcast-Time Warner deal

Comcast | The New York Times | MarketWatch | CNBC | The New Yorker | Los Angeles Times Comcast announced Tuesday it intends to purchase Time Warner Cable for about $45 billion. Such a merger "may have little impact on consumers," David Gelles writes in The New York Times. The two companies "do not compete directly in any markets," and Comcast "is expected say it is willing to divest three million of Time Warner Cable’s roughly 11 million pay television subscribers," Gelles writes. The deal is "pro-consumer, procompetitive and strongly in the public interest," Comcast CEO Brian Roberts said in a conference call. Increasingly in the TV business, size matters. "The bigger the cable company, the more leverage it has with local station groups when it comes time for retransmission talks," Poynter's Al Tompkins wrote in an email. "And retransmission is a new key additive to the financial health of all stations." A bigger Comcast would have more muscle when it comes to negotiating with Disney, Tompkins said. But local stations "have reason to sweat," Tompkins wrote. "Cable retransmission fees have become an increasing important revenue stream for TV station owners. By some estimates, the fees will double from just 2012 to 2015." Local owners who have to negotiate with a company that "controls almost a third of all cable connections" will "lose a lot of leverage," Tompkins said. Tompkins pointed to a chart from Pew's 2013 State of the News Media report that showed the rise of retransmission fees since 2007: (more...)
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Media General reports net loss, CNN has higher ratings

Media General | TVNewsCheck | Los Angeles Times
Media General reported a net loss of $16 million in the second quarter of 2013, but revenues grew in several advertising categories, including automotive, furniture and home improvement.

Revenue from political advertising fell 86 percent, not exactly a surprise in an odd-numbered year. Also missing this year: Olympics revenue. "Total station revenues in the third quarter this year will decrease due to the near absence of these revenues," the company says in its earnings release.

The company spent $19.5 million on interest in the second quarter. Retransmission fees increased, as did digital revenue.

Time Warner announced its second quarter earnings Wednesday, reporting a 10 percent rise in revenue. CNN's ratings were up "almost 70 percent in its key demo," the company's release says.
Katie Couric, Sean McManus

Time Warner offers to ‘unbundle’ CBS channels

Robert Marcus, the incoming CEO Time Warner Cable offered to "unbundle" CBS programming as a way to get the network back on the cable system. Time Warner blocked CBS programs in New York, Los Angeles, Dallas and in parts of a number of other markets in a dispute over the cable company's rights to carry CBS' programs.

Until now, the battle has affected only CBS-owned stations serving customers also served by Time Warner.  But now, Time Warner is opening the door to an idea that until now, cable companies have vigorously resisted.

The offer, in a letter from Marcus to CBS, would allow customers to decide if they wanted CBS programming and if so, they would pay specifically for that.

In other words, the new offer includes allowing Time Warner Cable customers to choose a plan that includes CBS or not. (more...)

Time Warner blacks out CBS stations in major markets

USA Today | Variety | Los Angeles Times | The Wall Street Journal
At  5 p.m. EDT Friday, Time Warner Cable began blacking out CBS programming in New York, Los Angeles, Denver, Boston, Dallas, Detroit, Pittsburgh and Chicago. The blackout follows contentious negotiations between the network and cable company over retransmission fees, which cable companies pay TV stations for the rights to carry their signals. Three million subscribers are affected.

For some stations, such as WBZ, KCNC, WKBD and KDKA, the blackout only affects part of their coverage areas, where Time Warner Cable is the provider, but not the main metro areas they serve. Variety's Todd Spangler lists the affected stations:
Those stations are: WCBS and WLNY (independent) in New York; KCBS and KCAL (independent) in L.A.; KTVT and KTXA (independent) in Dallas; WBZ and WSBK (independent) in Boston; KDKA and WPCW (The CW) in Pittsburgh; WBBM in Chicago; WKBD (The CW) in Detroit; and KCNC in Denver.
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Glenn Britt

New York Post editor heading to Australia, Time Warner Cable CEO retiring

Capital New York | New York Times

Col Allan, Editor-in-Chief of the New York Post, is heading to Australia to help lead News Corp.'s papers there.

Capital New York's Joe Pompeo reports that Allan will provide "extra editorial leadership":

The Australian detail will last for two to three months, starting next Monday, and longtime News Corp. lieutenant Jesse Angelo will oversee the Post during that time.

All of this is sure to fuel speculation about Allan and Angelo's futures at the Post. Insiders have been wondering how much longer Allan will stay on as editor, and Angelo has long been seen as heir to the editorship.
In other leadership news, Time Warner Cable announced that CEO Glenn Britt is retiring. Britt, who has led the company since 2001, will be succeeded by Chief Operating Officer Robert D. Marcus. (more...)

Reports: Meredith in talks to buy most Time Warner magazines

Fortune | The New York Times
"A serious buyer is in talks with" Time Warner about buying most of its magazine properties, James Bandler, Doris Burke and Jennifer Reingold report in Fortune. The deal is in "a formative stage and may never come to fruition," they write. Meredith Corporation is the potential buyer, Amy Chozick reports in The New York Times.
The deal being discussed would allow Time Warner to hang onto three flagship magazines, Time, Fortune and Sports Illustrated, while selling the majority of its portfolio, including magazines like Real Simple, Entertainment Weekly, Cooking Light and InStyle. The titles, which amount to essentially a women’s magazine company, make a good fit for Meredith Corporation, based in Des Moines, Iowa, and the publisher of such titles as Better Homes and Gardens and Ladies’ Home Journal.

Report: Digital ad exec Laura Lang chosen to lead Time Inc.

The Wall Street Journal | Ad Age
Time Warner has reportedly picked a digital advertising executive with no magazine experience, Laura Lang, to take over as CEO of Time Inc. She is the current CEO of Digitas, one of the largest digital agencies. Ad Age reports that Lang has "a more measured personality, and speaks very deliberately and diplomatically" -- in contrast with previous Time CEO Jack Griffin who was fired about nine months ago. The Wall Street Journal notes her advertising and marketing experience may be useful in helping the company "grapple with a murky print-advertising picture and the migration of consumers to digital devices." Poynter's media business analyst Rick Edmonds said: "It's a marker of a venerable legacy media organization giving the reins of the company to a digital person. She's got a lot of business experience." (more...)

Graham: Washington Post not ‘going to be a pioneer’ in charging for online news

Washington Post Company CEO Don Graham’s candid take on trends in the news business has been a staple of the 10 media conferences I’ve attended each December in New York City.

This year, though, Graham in brief prepared remarks saidRead more

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