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Time Warner and AOL

February 6th, 2008 · 2 Comments ·

Time Warner’s Chief Executive Officer confirmed Wednesday that the media, the company can be separated from their access AOL combat affairs of the division in the area of online advertising.

Jeff Bewkes, Time Warner’s CEO, said that the company can no longer spin-off of the unit of Time Warner Cable. The share of Time Warner received nearly 4.5% Wednesday morning in the news.

Bewkes remarks and that the benefit of the company conference call Wednesday morning. He said that the separation of AOL’s Internet access and content, general blog companies can lead to a possible sale of one of these devices.

“We are working on the separation of enterprises’ access and the public, AOL, so that we can carry out themselves. This should significantly increase AOL strategic options,” he said.

Bewkes added that Time Warner believes that the discussions about the changes in the relations of property at Time Warner Cable, traded separately on the one hand, Time Warner currently owns a stake of 84% in Time Warner Bewkes said, a decision on what should be done with Time Warner Cable of the period reported, the company of its profits in the first quarter of May.

Tags: Entertainment News

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