Last $83.80 USD
Change Today +0.78 / 0.94%
Volume 5.1M
TWX On Other Exchanges
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As of 8:04 PM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

time warner inc (TWX) Snapshot

Open
$83.00
Previous Close
$83.02
Day High
$84.41
Day Low
$82.51
52 Week High
07/21/14 - $88.13
52 Week Low
08/19/13 - $57.59
Market Cap
73.9B
Average Volume 10 Days
7.5M
EPS TTM
$4.36
Shares Outstanding
882.1M
EX-Date
05/21/14
P/E TM
19.2x
Dividend
$1.27
Dividend Yield
1.44%
Current Stock Chart for TIME WARNER INC (TWX)

time warner inc (TWX) Details

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in four segments: Turner, Home Box Office, Warner Bros., and Time Inc. The Turner segment operates cable networks; digital media properties; free-to-air networks; and entertainment and news networks that offer sports, movies, classic films, reality programming, and news, as well as produces its own programs and acquires rights from third-parties to air programs on its networks. This segment serves cable system operators, satellite service distributors, telephone companies, Internet protocol television system operators, mobile device operators, broadcasters, and other distributors. The Home Box Office segment provides premium pay and basic tier television services comprising HBO and Cinemax; and sells its original programming via DVDs, Blu-ray Discs, and electronic sell-through, as well as licenses its original programming primarily to international television networks. As of December 31, 2013, this segment had approximately 127 million subscribers worldwide. The Warner Bros. segment produces and distributes feature films, television programming, videogames, and other programming; distribute home video products; and licenses rights to its feature films, television programming, and characters. The Time Inc. segment publishes magazines, including People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, and Fortune, as well as titles and books; licenses its magazines for print or digital publication to publishers; operates Websites, such as People.com, SI.com, and Time.com.; and offers content marketing, targeted local print and digital advertising programs, and marketing and support services. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.

34,000 Employees
Last Reported Date: 02/26/14
Founded in 1985

time warner inc (TWX) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $2.0M
Executive Vice President and General Counsel
Total Annual Compensation: $1.3M
Executive Vice President of International & C...
Total Annual Compensation: $862.1K
Executive Vice President of Corporate Marketi...
Total Annual Compensation: $847.1K
Compensation as of Fiscal Year 2013.

time warner inc (TWX) Key Developments

Fox Is Reportedly Seen Selling CNN Rather Than Spinning Off

If Twenty-First Century Fox, Inc. (NasdaqGS:FOXA) succeeds in buying Time Warner Inc. (NYSE:TWX), it's likely to sell Cable News Network, Inc. (CNN) and pay billions of dollars in taxes rather than go through the headaches of spinning the cable news channel off to shareholders of the merged company, according to people familiar with the matter. Fox plans to get rid of CNN because it already operates its own namesake news network and would likely face opposition from regulators even if it wanted to keep it. Potential buyers include CBS Corporation (NYSE:CBS) (CBS) and ABC, Inc. The entire sale price would be taxable because CNN is carried on Time Warner's books at near-zero, people familiar with the company said. Fox isn't considering spinning off CNN, according to people familiar with the matter. Fox would likely face tax consequences in a spin-off as well, a person familiar with the situation said. CNN would have difficulties as a standalone company because, unwound from a cable bundle, it would likely see its subscriber fees plummet, according to people familiar with the matter. Representatives from Time Warner and Fox declined to comment, Reuters reported.

Time Warner Reportedly Plans IPO For HBO

Time Warner Inc. (NYSE:TWX) is considering an initial public offering (IPO) for HBO, the New York Post reported. Insiders stated that Time Warner was considering the option of listing HBO in 2015.

Time Warner Inc. Announces Amendments to Articles of Incorporation or Bylaws

On July 21, 2014, the Board of Directors of Time Warner Inc. adopted an amendment to Article II, Section 3 of the company's By-laws, which became effective immediately. The Amendment removed provisions regarding stockholders' ability to cause the Board to call a special meeting of stockholders. The Board intends to adopt an amendment to the company's By-laws to reinstate the Special Meeting Provisions at the time of the company's 2015 Annual Meeting of Shareholders. Amendment to Article I as Section 1. Registered Office. The registered office of the company in the State of Delaware shall be at 1209 Orange Street, City of Wilmington, County of New Castle, Delaware 19801, and the registered agent shall be The Corporation Trust Company, or such other office or agent as the Board of Directors of the Corporation shall from time to time select. Section 2. Other Offices. The corporation may also have an office or offices, and keep the books and records of the Corporation, except as may otherwise be required by law, at such other place or places, either within or without the State of Delaware, as the Board may from time to time determine or the business of the corporation may require. Amendment to Article II as Section 1. Place of Meeting. All meetings of the stockholders of the Corporation shall be at a place to be determined by the Board. Section 2. Annual Meetings. The annual meeting of the stockholders for the election of directors and for the transaction of such other business as may properly come before the meeting shall be held on such date and at such hour as shall from time to time be fixed by the Board. Any previously scheduled annual meeting of the stockholders may be postponed by action of the Board taken prior to the time previously scheduled for such annual meeting of the stockholders. Section 3. Special Meetings. Except as otherwise required by law or the Restated Certificate of Incorporation of the Corporation, and subject to the rights of the holders of any series of Preferred Stock or Series Common Stock or any class or series of stock having a preference over the Common Stock as to dividends or upon dissolution, liquidation or winding up, special meetings of the stockholders for any purpose or purposes may be called by the Chief Executive Officer or a majority of the entire Board. Section 4. Notice of Meetings. Except as otherwise provided by law, notice of each meeting of the stockholders, whether annual or special, shall be given by the Corporation not less than 10 days nor more than 60 days before the date of the meeting to each stockholder of record entitled to notice of the meeting and shall be called by the corporation.

 

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eBay Inc $52.53 USD -0.30
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Time Warner Cable Inc $145.88 USD +0.78
Twenty-First Century Fox Inc $31.94 USD +0.27
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TWX

Industry Average

Valuation TWX Industry Range
Price/Earnings 19.0x
Price/Sales 2.4x
Price/Book 2.4x
Price/Cash Flow 16.3x
TEV/Sales 1.6x
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