Tag Archives: Time Warner Inc

Business, Finance, Occupation & Industry

Liberty Media Corporation to Hold Annual Meeting of Stockholders

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By Business Wirevia The Motley Fool

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Liberty Media Corporation to Hold Annual Meeting of Stockholders

ENGLEWOOD, Colo.–(BUSINESS WIRE)– Liberty Media Corporation (Nasdaq: LMCA, LMCB) will be holding its Annual Meeting of Stockholders on Tuesday, June 4, 2013, at 10:45 a.m., Mountain Time, at the corporate offices of Starz, 8900 Liberty Circle, Englewood, Colorado 80112. The record date for the meeting is 5:00 p.m., New York City time, on April 10, 2013. At the meeting, Liberty Media Corporation may make observations regarding the company’s financial performance and outlook.

The presentation will be broadcast live via the Internet. All interested persons should visit the Liberty Media Corporation website at http://www.libertymedia.com/events to register for the webcast. An archive of the webcast will also be available on this website for 30 days.

About Liberty Media

Liberty Media owns interests in a broad range of media, communications and entertainment businesses, including its subsidiaries SiriusXM, Atlanta National League Baseball Club, Inc. and TruePosition, Inc., its interests in Live Nation Entertainment and Barnes & Noble, and minority equity investments in Time Warner Inc. and Viacom.

Liberty Media
Courtnee Ulrich, 720-875-5420

KEYWORDS:   United States  North America  Colorado

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The article Liberty Media Corporation to Hold Annual Meeting of Stockholders originally appeared on Fool.com.

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Time Warner Inc. to Report 2013 First-Quarter Results

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By Business Wirevia The Motley Fool

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Time Warner Inc. to Report 2013 First-Quarter Results

NEW YORK–(BUSINESS WIRE)– Time Warner Inc. (NYS: TWX) will report its 2013 first-quarter results on Wednesday, May 1, 2013, before the market opens. Senior management will host a conference call beginning at 10:30 a.m. ET to discuss the results.

A live audio webcast of the call will be available on our website at www.timewarner.com/investors. The conference call can also be accessed by dialing 888-895-5271 (United States) or 847-619-6547 (Outside the U.S.) and entering the conference call passcode 34474658. Please dial in at least fifteen minutes before the call’s scheduled start to ensure you are connected in time for the beginning of the call.

A replay of the call will be available starting approximately two hours after the call has ended on Wednesday, May 1, 2013 on our website or by telephone. The telephone replay, which will be available until Friday, May 3, 2013 at midnight ET, can be accessed by dialing 888-843-7419 (United States) or 630-652-3042 (Outside the U.S.) and entering the conference call passcode 34474658.

The earnings press release will be available on our website prior to the beginning of the conference call.

Please contact Time Warner Investor Relations via email at ir@timewarner.com if you have any questions.

Time Warner Inc.
Doug Shapiro (Investor Relations)
(212) 484-8926
or
Michael Kopelman (Investor Relations)
(212) 484-8920

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Time Warner Inc. to Report 2013 First-Quarter Results originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Newsroom Cutbacks Force Consumers to Flee News Outlets

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By The Associated Press

newsroom cutbacks pew study

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John Moore/Getty Images In an effort to stem $40 million in losses, the parent company of Newsweek ceased publication of the newsweekly on Dec. 31, after nearly 80 years. Staff layoffs were included as part of the cutbacks.

By DAVID BAUDER

NEW YORK — Years of newsroom cutbacks have had a demonstrable impact on the quality of digital, newspaper and television news and in how consumers view that work, a study released Monday found.

Nearly one-third of consumers surveyed by the Pew Research Center’s Project for Excellence in Journalism said they have abandoned a news outlet because it no longer gave them what they had counted on, either with fewer or less complete stories.

Pew’s annual State of the News Media report delivered what has become a common litany of grim business statistics. Television news viewership is down. Newsroom employment at newspapers is down 30 percent since a peak in 2000 and has gone below 40,000 people for the first time since 1978. Newsweek shut its print edition and Time magazine is cutting staff.

“These cutbacks are real,” said Amy Mitchell, the project’s acting director. “And based on the data that we’ve collected, they are having an effect.”

Government coverage on local television news has been cut in half since 2005, the study said. Sports, weather and traffic now account for 40 percent of the content on these broadcasts; yet that’s just the sort of information readily available elsewhere. That’s a recipe for future erosion, Mitchell said.

Forty-two percent of adults under age 30 counted themselves as regular local news viewers in 2006; last year that was down to 28 percent, the study found.

Cable news is increasingly cable talk, although it’s difficult to conclude whether that is because of financial considerations or the sense among executives of what viewers want. During the last five years, CNN, a unit of Time Warner Inc. (TWX) has sharply cut back on produced story packages and live event coverage, the study found.

During the presidential campaign, reporters increasingly acted as megaphones instead of investigators, Pew said. More stories are simply reporting verbatim what candidates or partisans were saying, rather than using those statements as a starting-off point to explore an issue.

There are many more places that people can go for news or information now. The question is whether consumers are leaving prominent news organizations because they are not getting what they want, or whether these outlets can no longer afford to give them more because consumers are leaving, said David Westin, former ABC News president.

“Increasingly, it’s not just a question of what people want,” said Westin, who presided over an era of cutbacks at ABC News, owned by Walt Disney Co. (DIS). “It’s what people are willing to pay for.”

More organizations …read more
Source: FULL ARTICLE at DailyFinance

Everything Under the Sun

Time Inc. Spinoff Highlights Challenges Facing the Magazine Industry

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By The Associated Press

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By RYAN NAKASHIMA

LOS ANGELES (AP) – From Sports Illustrated to People to its namesake magazine, Time Inc., was always an innovator. But now when the troubled magazine industry is facing its greatest challenge, the company Henry Luce founded is struggling to find its way in a digital world.

Time Warner Inc.’s decision to shed its Time Inc. magazine unit last week underscores the challenges facing an industry that remains wedded to glossy paper even as the use of tablet computers, e-readers and smartphones explodes.

Although the new devices might seem to present an array of opportunity for Time Inc.’s 95 magazine titles, many publishers have found the digital transition troublesome. Digital editions of magazines represented just 2.4 percent of all U.S. circulation in the last half of 2012, or about 7.9 million copies, according to the Alliance for Audited Media.

Although that number more than doubled from a year earlier, it’s hardly gangbusters growth, considering that the number of tablets in the U.S. also more than doubled last year to 64.8 million, according to research firm IHS.

The fact that so few tablet owners are buying magazines on their devices is a concern because both ad and circulation revenue from print editions have fallen more than 20 percent since their peak near the middle of the last decade. And, according to forecasts, there’s no recovery in sight.

“We have to get much better at capturing those (digital) readers,” said Mary Berner, president of The Association of Magazine Media.

Before publishers can accomplish that, they need to address a number of problems, experts say. First, the range of free content on the Web has given some readers the impression that it’s not necessary to pay for the digital versions of magazine stories. Also, there’s no industry standard for pricing. Publishers aren’t in agreement over whether to include free access to digital copies as part of a print subscription.

There are technical challenges, too. It’s been difficult for magazine makers to create compelling digital editions that fit every screen size and resolution.

Berner acknowledges that customer confusion is part of what’s preventing the magazine industry from selling more digital copies. She is working with industry players like Time Inc., Hearst Corp., Conde Nast and Meredith Corp. to standardize both the format of magazines and the way they are sold.

“There used to be a couple ways you used to be able to get a magazine: you could subscribe or buy it at the newsstand. Now there’s 25 ways. Joe Average consumer just isn’t that clear on it yet,” she said. “The confusing part is hurting.”

Advertisers are making matters worse. The ad industry has been slow to warm to the notion that they still need to pay top dollar to advertise in the tablet editions of magazines, even though much cheaper website ads are just a finger-swipe away.

But many magazines still command significant premiums. A full-page ad in Elle magazine, for instance, costs $155,680 to reach the …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Can Old Media Beat New Media in Ad War?

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By 24/7 Wall St.

thumbs up

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The conventional wisdom is that old media online content gets trumped every time by new media properties, at least when it comes to ad revenue. This does not have to be the case, based on the number of people who visit old media websites.

New media, which did not spring from print or broadcast properties, do have an edge as far as total audience is concerned. ComScore reports that in January, Yahoo! Inc. (NASDAQ: YHOO) sites had 186.6 million unique visitors. AOL Inc. (NYSE: AOL) had 111.3 million. Microsoft Corp. (NASDAQ: MSFT) sites, mostly MSN, had 169.7 million.

In aggregate, old media online does very well in audience reach. CBS Corp. (NYSE: CBS) sites had 82.8 million unique visitors in January. Turner, a part of Time Warner Inc. (NYSE: TWX), had 79.5 million. NBC Universal, part of Comcast Corp. (NASDAQ: CMCSA) had 71 million. Viacom Inc. (NASDAQ: VIAB) had 69.7 million. Gannett Co. Inc. (NYSE: GCI) had 50 million. Hearst had 43.1 million. The Top 50 sites by U.S audience also included Meredith Corp. (NYSE: MDP), which probably will combine with Time Inc., The New York Times Co. (NYSE: NYT) properties, Fox Digital and The Tribune online properties.

All of this is a long way of showing that old media has extraordinary reach online, and that as traditional media outlets fail to produce the level of revenue they once did, or are no longer growing as quickly, online revenue has a chance to do better for these companies than it does.

The New York Times reported as part of its fourth-quarter results:

Digital advertising revenues as a percentage of total Company advertising revenues were 24.7 percent in the fourth quarter of 2012 compared with 22.7 percent in the fourth quarter of 2011. For the full year, digital advertising revenues as a percentage of total Company advertising revenues were 23.9 percent in 2012 compared with 22.5 percent in 2011.

Given that the Times had 33.6 million unique visitors online in January, which dwarfs the circulation of the company’s properties, the online revenue production is pathetic. The Times will continue to have to cut editorial staff and production costs to remain financially viable. Digital ad growth is too slow to cover the expense needs of the company.

Time Inc., another firm that produces content among the most well-regarded on the Web, will nearly disappear into Meredith, largely because it could not unlock Internet revenue.

Why is new media in such a struggle with old media companies? There is no one answer. Perhaps management has not put enough pressure on sales staffs to press online ad sales. Perhaps the companies have not been adroit enough to create content online that is of as high a quality as their traditional content. Whatever the reasons, it is not a lack of audience.

Filed under: 24/7 Wall St. Wire, Internet, Media, Old Media Tagged: AOL, CBS, CMCSA, featured, GCI, MDP, MSFT, NYT, TWX, VIA-B, YHOO

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Source: FULL ARTICLE at DailyFinance

Science & Technology

HBO Go Reportedly Coming to Apple TV

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While mum is still very much the word with regards to Apple’s rumored HDTV, the company’s current set-top box, the Apple TV, could soon see the arrival of the HBO Go, Bloomberg reports. According to two unnamed sources “familiar with the plans,” Apple is currently negotiating with the network’s parent company, Time Warner Inc., to bring the streaming app to its platform. If successful, the company reportedly hopes to integrate the service into its $99 streaming device by mid-2013. HBO Go would fall alongside the Apple TV‘s current array of apps, which include iTunes movie and TV rentals, Netflix, Hulu Plus, Vimeo, YouTube, MLB.TV, NBA, NHL, and WSJ Live.

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Source: FULL ARTICLE at IGN Tech