Time Warner

Report: Time Warner, Viacom circle US$400m Telefe

Time Warner and Viacom are the big-name media groups assessing offers to buy Argentinian free TV broadcaster, according to The Wall Street Journal. An offer of around US$400 million would entice current owner Telefónica to sell, the report claims. Time Warner already has a successful pay TV business in Latin America through its Turner and […]

Time Warner investment values Hulu at $5.8bn

Hulu has been valued at around US$5.83 billion (€5.18 billion) after Time Warner made a multi-million dollar investment in the US streaming service. Turner and Warner Bros. parent Time Warner paid US$583 million for a 10% stake in Hulu, which already counts 21st Century Fox, The Walt Disney Company and Comcast as part-owners. Former part […]

Apple reportedly looked at Time Warner, linked to Netflix

Tech giant Apple considered a move for its media counterpart Time Warner, according to the UK Financial Times, which added that banking sources said it would be more likely to move for Netflix. The newspaper said Apple’s Eddy Cue, who reports directly to CEO Tim Cook, discussed a possible move for Time Warner with the company’s […]

NextVR and Live Nation to broadcast 360-degree concerts

Comcast and Time Warner-backed NextVR has partnered with Live Nation to broadcast hundreds of live music concerts and events using virtual reality (VR) technology. The first VR event to be covered as part of the deal will take place this summer, with the full schedule of events to be announced later this year. Viewers will […]

Turner leads US$15m round in Mashable, partners on video production

Turner has led a US$15 million funding round in digital media news site Mashable, which plans to use the cash to expand its video output across all platforms – including linear TV. The Series C investment includes a partnership for video production, technology and advertising opportunities between Mashable and Time Warner-owned Turner. Mashable said that it […]

HBO Now hits 800,000 subscribers

HBO experienced its best two-year period of subscriber additions in the past 30 years, with HBO Now a “significant contributor” to its 2.7 million new US customers last year. Announcing its fourth quarter earnings, HBO parent company Time Warner revealed that eight years on from its US launch its standalone over-the-top streaming service, HBO Now, […]

Time Warner ‘wants current seasons off Hulu’

Media giant Time Warner would like to see episodes from current TV seasons taken off Hulu, according to a report in the Wall Street Journal. Time Warner is still in the throes of discussing taking a 25% stake in Hulu and wants current installments of series taken off the US catch-up service, the WSJ said, […]

Icahn denies Time Warner stake build

Activist investor Carl Icahn has angrily denied he is quietly building a stake in US media giant Time Warner. Reports emerged in recent days suggesting Icahn was building an equity stake in the company, which houses HBO, Warner Bros. Entertainment and Turner Broadcasting System. However, Icahn told CNBC: “I don’t own one share of Time […]

Bewkes extends Time Warner term

Jeff Bewkes will remain chairman and CEO of US media giant Time Warner until at least 2020. Having taken up his current post in 2009, he has signed a three-year extension to his existing contract at the company, which counts Turner Broadcasting System, Warner Bros. Entertainment and HBO as its key entertainment assets. Bewkes has […]

Time Warner could become the latest media giant to invest in Hulu.

The Wall Street Journal reports  that Time Warner has been in talks with current owners Comcast, The Walt Disney Company and 21st Century Fox about becoming an equal stakeholder in the platform. This would mean each of those companies, whose stakes currently sit around 33.3%, would drop down to 25%, with Time Warner also taking a […]