Time Warner

Virtual reality specialist NextVR raises US$30.5m from Comcast, Time Warner

NextVR, a company that specialises in virtual reality live-event streams, has raised US$30.5 million in funding with participation from US pay TV giants Comcast and Time Warner. Venture capital firm Formation 8 led the funding, with Comcast Ventures and Time Warner Investments joining the round – throwing their support behind the new broadcasting technology. NextVR […]

Time Warner may extend SVOD holdback window

Time Warner CEO Jeff Bewkes has indicated his media giant may begin holding back key programming from subscription on-demand platforms. The move to extend linear broadcasts to “a multiyear period more consistent with traditional syndication” is a clear attempt to keep viewers on Time Warner’s traditional channels by withdrawing sought-after programming from the SVOD space. […]

HBO Now ‘surpassing expectations’, international OTT launches due soon

Subscriber satisfaction for HBO’s US over-the-top service, HBO Now, have surpassed expectations with announcements about new country launches likely to follow “in the near future”, according to HBO CEO Richard Plepler. Speaking on the second quarter earnings call of HBO parent company Time Warner, Plepler said that less than 1% of HBO subscribers have axed […]

Report: Moonves discussed possible Time Warner tie-up with Bewkes

CBS CEO Les Moonves had talks with Time Warner chief executive Jeff Bewkes last year about a possible merger of the two companies, according to a report by Bloomberg, citing unnamed sources. However, the discussions came to nothing because Bewkes was not interested in a combination, according to the report. Moonves’ reported overtures to Time […]

Envivio adds former Time Warner Cable exec to board

Multiscreen video specialist, Envivio, has appointed former Time Warner Cable executive vice-president and chief technology officer, Mike Lajoie, to its board of directors.  Lajoie brings with him more than 20 years of cable industry experience, with Envivio describing him as a thought-leader in the technologies that will help drive the company’s future growth. Envivio chairman […]

Apple retains global brand lead

Apple was the most valuable brand of 2015 with a total brand value of US$128.3 billion (€112.8 billion), according to Brand Finance’s Global 500 ranking.  The annual report shows that last year’s top five global brands all kept their rankings in 2015, but each grew their value with number two-ranked Samsung now holding a brand […]

Conan O’Brien YouTube channel passes 1 billion views

US talkshow host Conan O’Brien has passed the one billion views mark on YouTube with his official ‘Team Coco’ channel.  The YouTube network ties in with the Conan show on Time Warner-owned US cable channel TBS, airing clips of this alongside with internet-exclusive music and comedy videos. The Team Coco YouTube channel has more than […]

Analysts bullish on CME after Time Warner bailout

Analysts have said the outlook is positive for central and eastern Europe-focused broadcast group CME in the wake of its recent refinancing by Time Warner. Citing ‘further support’ from 49% shareholder Time Warner, credit analyst Moody’s said: “The stable outlook reflects early signs of turnaround in CME’s operating performance with a return to adequate advertising […]

Time Warner to invest US$573 million in CME

Time Warner has committed to a series of refinancing and loan deals for CME and upped its voting interest in the with central and eastern European broadcast group to 49.9%. Its total obligations across the financial deals is, credit analysts said, US$573 million, a sum that equates to less than 10% of the media giant’s […]

Turner lines up US$590m Ten offer

Time Warner is set to make an offer worth A$680 million (€409 million) through its channels arm, Turner Broadcasting System, to acquire troubled Australian broadcaster Network Ten. Time Warner’s senior VP James Burtson has contacted Ten’s investment bank advisor Citi to express interest over a possible acquisition of the free-to-air network, according to the Australian […]