Time Warner Inc.

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AOL to shed 2,500 jobs as spinoff from Time Warner looms

AFP Global Edition 18 days ago

<div><p>Former Internet star AOL said Thursday it is to slash 2,500 jobs, one-third of its workforce, as it prepares to break free from Time Warner after one of the most disastrous mergers in corporate history.</p><p>The cuts are part of a plan to ...

Time Warner, News Corp reported interested in MGM

Reuters US Online Report Business News 18 days ago

<div><p>NEW YORK (Reuters) - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.</p><p>Citing people with knowledge of the situation, the report said the ...

Media business at crossroads as deals pick up

Reuters US Online Report Internet News 18 days ago

<div><p>NEW YORK (Reuters) - The growing influence of the Web to distribute news, video and other content, combined with the lingering economic malaise, have left many media executives and investors uncertain about where to make their next bets.</p><p>The dilemma boils down to ...

Comcast deal for NBC Universal coming Thursday: source

AFP Global Edition 18 days ago

<div><p>US cable giant Comcast is to announce a deal Thursday to take a controlling stake in NBC Universal from conglomerate General Electric, a source familiar with the matter told AFP.</p><p>The deal values NBC Universal, one of the world's largest media-entertainment groups, at ...

Comcast aims to reshape entertainment with NBC

AP News 18 days ago

<div id="subtitle">Comcast's big bet: Deal for control of NBC Universal comes with risks and opposition</div><div><p>Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock ...

Comcast takes controlling stake in NBC Universal

AFP Global Edition 18 days ago

<div><p>US cable giant Comcast said Thursday it has taken a controlling stake in NBC Universal, one of the world's largest media-entertainment groups, in a joint venture with General Electric.</p><p>In a joint statement, the two companies said that their venture will be 51 ...

Comcast says it takes controlling stake in NBC Universal

AFP Global Edition 18 days ago

<div><p>US cable giant Comcast said Thursday it had reached a deal for a controlling stake in NBC Universal, one of the world's largest media-entertainment groups, in a joint venture with General Electric.</p><p>The two companies said that their joint venture will be 51 ...

Comcast taking majority stake in NBC Universal

AFP Global Edition 18 days ago

<div><p>Comcast announced plans on Thursday to buy a majority stake in NBC Universal from General Electric, giving the US cable giant a media and entertainment empire to rival that of The Walt Disney Co.</p><p>Comcast will control a 51 percent stake of NBC ...

Comcast poised to join ranks of entertainment giants

AFP Global Edition 18 days ago

<div><p>Comcast announced Thursday it was buying a majority stake in NBC Universal from General Electric, giving the US cable giant a media and entertainment empire to rival that of The Walt Disney Co.</p><p>Comcast, the largest US cable television and high-speed broadband provider, ...

You've Got Freedom: AOL ends ties with Time Warner

AP News 18 days ago

<div id="subtitle">You've Got Freedom: AOL ends 9-year marriage with Time Warner, yet troubles not over</div><div><p>AOL is shaking loose from Time Warner Inc. and heading into the next decade the way it began this one, as an independent company. Unlike in the 1990s, ...

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