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Sports Illustrated Debuts Daily Online Video Initiative

Authored by Mark Hefflinger on March 1, 2010 - 1:23pm.
Los Angeles - Time Warner's (NYSE: TWX) Sports Illustrated Group on Monday announced the launch of a new daily video initiative on its website, which will include "SI Inside Report," to be anchored by Maggie Gray. Launch advertisers for the video initiative, which aims to publish as many as 15 videos per day, include Mercedes and Samsung. SI.com drew 28.4 million unique visitors in February, while SI Swimsuit video content received 66 million plays since launching on Feb. 9.

tags: Video | Magazines | Publishing | Time Warner | Time Inc. | Sports Illustrated |

Warner Bros. Acquires U.K. Game Developer Rocksteady Studios

Authored by Mark Hefflinger on February 23, 2010 - 8:52am.
Burbank, Calif. - Time Warner's (NYSE: TWX) Warner Bros. Home Entertainment Group on Tuesday announced that it has acquired a majority stake in London-based video game developer Rocksteady Studios.
tags: Games | Deals | Acquisitions | Time Warner | Warner Bros. Home Entertainment Group | Rocksteady Studios |

Turner Broadcasting Taps Brightcove for Web Video Delivery

Authored by Mark Hefflinger on February 17, 2010 - 11:30am.
London - Brightcove, a provider of video delivery services for content producers, announced on Wednesday that Time Warner's (NYSE: TWX) Turner Broadcasting will use its services to support its online video content throughout Europe. The first Turner sites in Europe to launch on the Brightcove platform include Cartoon Network, Boomerang and Adult Swim, which will receive localized video experiences for various countries.

tags: Video | TV | Turner Broadcasting | Brightcove | Time Warner |

AOL Planning Major Expansion of Patch Community News Sites

Authored by Mark Hefflinger on February 17, 2010 - 10:11am.
New York - Eight months after acquiring local news and information firm Patch Media, AOL (NYSE: AOL) is now planning to substantially expand its network of community news blogs, Silicon Alley Insider reported, citing an internal memo.
tags: AOL | Publishing | Time Warner | Patch |

HBO Testing Streaming Film, TV Service for Subscribers

Authored by Mark Hefflinger on February 17, 2010 - 7:53am.
New York - Time Warner's (NYSE: TWX) HBO is preparing to launch an online streaming service for cable, satellite and telco TV service subscribers to its pay-TV channels, The New York Times reported. The HBO GO service has launched in beta for Comcast and Verizon FiOS TV subscribers; HBO counts about 35 million subscribers overall.
tags: TV | Movies | Comcast | Time Warner | FiOS TV | HBO | HBO GO |

Warner Settles Suit Against Redbox; Agrees to 28-day Window

Authored by Mark Hefflinger on February 16, 2010 - 11:21am.
Burbank, Calif. - Time Warner's (NYSE: TWX) Warner Bros. Home Entertainment Group on Tuesday announced that it has settled litigation against Redbox, the automated DVD rental kiosk unit of Coinstar (NASD: CSTR), and agreed to distribute new titles to the kiosks after a 28-day window following their DVD release dates. Redbox still faces pending litigation from News Corp.'s (NYSE: NWS) 20th Century Fox and NBC Universal (NYSE: GE).
tags: Law | Lawsuits | Movies | DVD | Warner Home Video | Kiosks | NBC Universal | 20th Century Fox | Time Warner | Redbox | Coinstar |

HBO Plans Series on Female Showbiz Blogger; Nikki Finke?

Authored by Mark Hefflinger on February 5, 2010 - 11:54am.
Los Angeles - Time Warner's (NYSE: TWX) HBO has announced plans to develop a series about "a powerful female online showbiz journalist with a no-holds barred style," leading many to speculate the subject is Nikki Finke, the one-time LA Weekly columnist who started her own successful blog before being hired by Mail.com Media Corp. to run Deadline.com. Gawker contacted Finke for comment, who said she would be posting on the news on her own site shortly. The Hollywood Reporter, meanwhile, said HBO did not obtain Finke's life rights before moving forward with the project, and does not plan to work with her on the show.

tags: Blogs | TV | Publishing | Time Warner | HBO | Nikki Finke | Deadline.com | Mail.com Media Corporation |

Time Inc. Buys StyleFeeder Shopping Engine for InStyle.com

Authored by Mark Hefflinger on January 19, 2010 - 9:02am.
New York - Time Warner's (NYSE: TWX) Time Inc. announced on Tuesday that it has acquired personal shopping engine StyleFeeder, which will be incorporated into its InStyle family of brands.
tags: Deals | Acquisitions | Magazines | Publishing | Time Warner | Recommendations | Time Inc. | InStyle | StyleFeeder |

Court Revives Antitrust Suit Against Major Record Labels

Authored by Mark Hefflinger on January 13, 2010 - 8:48am.
New York - A federal appeals court has reinstated a lawsuit that alleges the major record labels have engaged in the fixing of prices and terms for selling music online, according to published reports. While a lower federal court dismissed the antitrust claims in October 2008, the U.S. Second Circuit Court of Appeals in New York said that the allegations are "sufficient to plausibly suggest" a conspiracy among the major labels, Reuters reported.
tags: Law | Lawsuits | Music | Bertelsmann | Universal Music | Warner Music | EMI | Vivendi | Time Warner | Sony Music |

Liberty Names Former HBO Head Albrecht as Starz CEO

Authored by Mark Hefflinger on December 22, 2009 - 11:03am.
Englewood, Colo. - Liberty Media (NASD: LINTA) announced on Tuesday that it has named former HBO (NYSE: TWX) chairman and CEO Chris Albrecht as the new president and CEO of its Starz pay-TV programming unit. Robert B. Clasen is set to retire as chairman and CEO of Starz at the end of the year. Albrecht spent over 20 years at HBO, before resigning in 2007 shortly after being arrested and charged with assaulting a girlfriend.

tags: TV | Moves | Starz | Time Warner | Liberty Media | HBO | Chris Albrecht |

RapidShare Working with Warner Bros. on Paid Downloads

Authored by Mark Hefflinger on December 17, 2009 - 10:06am.
Los Angeles - RapidShare, the free file-hosting provider that has been targeted by copyright holders in Germany, has partnered with Time Warner's (NYSE: TWX) Warner Bros. to test a new site that offers movie trailers and will eventually sell paid movie downloads, NewTeeVee reported. RapidMovies, currently in beta, features several dozen trailers -- most from Warner Bros. -- and offers free downloads to RapidShare premium account holders. Warner Bros. did not respond to NewTeeVee's request for comment on the relationship.

tags: Marketing | Movies | Warner Bros. | Copyright | Time Warner | Rapidshare |

AOL Shares Down 2% in First Day as Independent Company

Authored by Mark Hefflinger on December 10, 2009 - 10:02am.
New York - Shares of AOL (NYSE: AOL) fell more than 2% by midday Thursday on their first full day of public trading in nearly nine years. The company, which late Wednesday completed its spin-off from former parent Time Warner (NYSE: TWX), is trading under the symbol "AOL" on the New York Stock Exchange, where CEO Tim Armstrong rang the opening bell.
tags: Deals | AOL | Time Warner | Spin-Offs |

AOL to Complete Spin-off; Trading on NYSE to Begin Thursday

Authored by Mark Hefflinger on December 9, 2009 - 9:27am.
New York - Internet pioneer AOL was scheduled to officially begin its new life as a fully independent company late Wednesday, completing its spin-off from Time Warner (NYSE: TWX) and preparing for Thursday's debut on the New York Stock Exchange. Under the terms of the deal, owners of Time Warner stock were to receive one share of AOL for each of their 11 shares after the close of the markets. AOL, which now has a market value of about $2.5 billion -- down from more than $100 billion prior to its 2001 merger -- reportedly plans to celebrate its newfound independence Wednesday night with a party in New York featuring recording artist Diddy, according to the blog All Things D.
tags: Advertising | AOL | Time Warner | Spin-Offs |

AOL Shares Now Trading Ahead of Spinoff, Market Value $2.56B

Authored by Mark Hefflinger on December 4, 2009 - 9:38am.
New York - Five days before the company's scheduled spin-off, AOL shares have already begun trading on the New York Stock Exchange.
tags: AOL | Time Warner | Spin-Offs |

New AOL System Will Tailor Content to Readers, Advertisers

Authored by Mark Hefflinger on November 30, 2009 - 8:57am.
New York - Hoping to boost its fortunes as a stand-alone company, AOL is preparing to launch a new digital newsroom system that will use sophisticated algorithms to determine which types of online articles, photos and videos the company's editorial staff should produce, The Wall Street Journal reported on Monday.
tags: Advertising | AOL | News | Publishing | Time Warner |

AOL to Unveil New Logo Following Next Month's Spinoff

Authored by Mark Hefflinger on November 23, 2009 - 8:42am.
New York - Hoping to reinvigorate its business, AOL said that it plans to alter its logo beginning Dec. 10, the day after the completion of its scheduled spinoff from parent Time Warner (NYSE: TWX).
tags: Deals | Marketing | AOL | Time Warner | Spin-Offs |

Details Emerge About AOL's Massive Workforce Reductions

Authored by Mark Hefflinger on November 20, 2009 - 9:50am.
New York - A day after AOL announced plans to cut one-third of its workforce -- up to 2,500 employees -- details are beginning to emerge about specifics of the plan.
tags: AOL | Layoffs | Time Warner |

AOL to Cut One-Third of Staff; Voluntary Layoffs to Begin Dec. 4

Authored by Mark Hefflinger on November 19, 2009 - 8:51am.
New York - Needing to drastically trim costs as it prepares to separate from parent company Time Warner (NYSE: TWX), AOL said on Thursday that it plans to trim its workforce by about one-third -- approximately 2,300 workers -- through a combination of voluntary and involuntary layoffs. The company said that the goal of the restructuring is to reduce its annual operating costs by $300 million.
tags: AOL | Layoffs | Time Warner |

Time Warner to Spin Off AOL Dec. 9 With $3.5 B Valuation

Authored by Mark Hefflinger on November 17, 2009 - 11:39am.
Dulles, Va. - Media giant Time Warner (NYSE: TWX) announced on Monday that it plans to spinoff its AOL unit on Dec. 9. Shareholders of Time Warner will be given one share of AOL stock for every 11 shares of Time Warner they own. Time Warner said in a statement that the spinoff "will result in the complete legal and structural separation of the two companies." After the transaction, AOL will have a market value of about $3.5 billion, based on current share prices.
tags: Deals | AOL | Time Warner | Spin-Off | TMZ |

AOL Reportedly Cuts 100 Jobs as Prelude to Mass Layoffs

Authored by Mark Hefflinger on November 10, 2009 - 9:30am.
New York - AOL was expected to cut about 100 jobs on Tuesday, in what several industry blogs are calling just a prelude to mass layoffs expected to occur once the company completes its spin out from parent Time Warner (NYSE: TWX) next month. The moves reportedly are part of CEO Tim Armstrong's "Project Everest" initiative, which aims to trim costs throughout the company.
tags: Advertising | AOL | Layoffs | Time Warner |
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