Get Quote: TWX
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. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Entertainment
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