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48. Time Warner
Time Warner
Financials: Latest Results
Rank: 48 (Previous rank: 49)
Compare tool: Time Warner vs. Top 10
CEO: Jeffrey L. Bewkes
Address: 1 Time Warner Center
New York, NY 10019
Phone: 212-484-8000
Website: www.timewarner.com
Jeffrey Bewkes, had a tough first year as CEO of Time Warner. The media giant posted its first annual loss in six years after writing down the values of its cable unit, AOL and its publishing arm, Time Inc. (parent company of Fortune).

Now Time Warner sees flat earnings in 2009 amid a tough ad market. On the plus side, the company was able to spin off Time Warner Cable, and in a vote of confidence for the perpetually ailing AOL, Google's top ad sales executive, Tim Armstrong was tapped to head the Internet unit. - J.Y.

  $ millions % change from 2007
Revenues 46,984.0 0.8
Profits -13,402.0 -405.5
Assets 113,896.0
Stockholders' equity 42,288.0
Market value (3/27/2009) 30,245.1
Profits as % of  
Revenues -28.5
Assets -11.8
Stockholders' equity -31.7
Earnings per share  
2008 $ -3.74
% change from 2007 -419.7
1998-2008 annual growth rate % N.A.
Total return to investors %
2008 -37.9
1998-2008 annual rate -12.2
Industry: Entertainment
Rank Company 500
($ millions)
1 Time Warner 48 46,984.0
2 Walt Disney 60 37,843.0
3 News Corp. 70 32,996.0
4 Viacom 177 14,625.0
5 CBS 186 13,950.4
6 CC Media Holdings 372 6,764.8
7 Live Nation 524 4,327.1
8 Discovery Communications 562 3,927.0
9 Warner Music Group 616 3,491.0
10 Activision Blizzard 705 2,898.1
11 Regal Entertainment Group 724 2,771.9
12 AMC Entertainment 777 2,504.3
13 Univision Communications 888 2,049.8
14 Cinemark Holdings 989 1,742.3
Issue date: May 4, 2009
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FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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