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Time Warner announces it will sell cable business - Read More

Date Added: May 01, 2008 02:41:02 PM
Time Warner Inc. said Wednesday that it plans to spin off the rest of its cable TV business, answering investor pleas to further simplify the media conglomerate's sprawling corporate structure. The news came as Time Warner, which also owns Warner Bros., CNN, AOL and Time magazine, reported a 36 percent decline in first-quarter earnings from a year ago, when it had a gain from the sale of AOL's ...

Category: News & Media » Business


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