Time Warner anticipates possible spinoff of AOL

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	Time Warner anticipates possible spinoff of AOL

horatiu

4-29-2009 11:38 AM

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news, advertising, online advertising, aol, time warner, hbo, movies, cable, economy, media

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fc241ea8-de12-41c6-b7d2-f573bd4d2073/AEF09F2C-9623-4DAD-BA07-71D4FEEF410E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.marketwatch.com/news/story/time-warner-profit-slides-14/story.aspx?guid=%7B87D4D89A-6BF8-430C-877D-98CF0DB93524%7D&dist=msr_1" href="http://www.marketwatch.com/news/story/time-warner-profit-slides-14/story.aspx?guid=%7B87D4D89A-6BF8-430C-877D-98CF0DB93524%7D&dist=msr_1" style="font-size: 11px;">www.marketwatch.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketwatch.com/news/story/time-warner-profit-slides-14/story.aspx?guid=%7B87D4D89A-6BF8-430C-877D-98CF0DB93524%7D&dist=msr_1"><H2 class="storytitle" id="StoryContent_TopPageNavigation_Headline2">Media giant sees earnings slide amid weakness in ad sales, online revenue</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketwatch.com/news/story/time-warner-profit-slides-14/story.aspx?guid=%7B87D4D89A-6BF8-430C-877D-98CF0DB93524%7D&dist=msr_1">The company completed its spin-off of Time Warner Cable</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketwatch.com/news/story/time-warner-profit-slides-14/story.aspx?guid=%7B87D4D89A-6BF8-430C-877D-98CF0DB93524%7D&dist=msr_1"><DIV class="p">
              At AOL, revenue dropped to $867 million from $1.2 billion, Time Warner said. Advertising revenue fell 20% in the first quarter, on the heels of an 18% slide in the fourth quarter, continuing a long slide for the online unit. Declines in display ads on AOL Network sites were again blamed for the decrease in the latest quarter, along with sales of advertising on third-party sites. 
          </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketwatch.com/news/story/time-warner-profit-slides-14/story.aspx?guid=%7B87D4D89A-6BF8-430C-877D-98CF0DB93524%7D&dist=msr_1"><DIV class="p">
              In the cable-networks segment, including Turner Broadcasting and HBO, Time Warner's revenue rose 6%. Fees paid by cable and satellite operators to carry the channels rose 9%, while advertising sales slipped 2%. 
          </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketwatch.com/news/story/time-warner-profit-slides-14/story.aspx?guid=%7B87D4D89A-6BF8-430C-877D-98CF0DB93524%7D&dist=msr_1"><DIV class="p">
              In the filmed-entertainment division, revenue fell 7%. The company only had about five major DVD releases in the latest period, compared with 13 in the same quarter a year earlier. 
          </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketwatch.com/news/story/time-warner-profit-slides-14/story.aspx?guid=%7B87D4D89A-6BF8-430C-877D-98CF0DB93524%7D&dist=msr_1"><DIV class="p">
              At the Time Inc. publishing unit, revenue fell 23%, reflecting a 30% decline in ad sales. 
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