Time Inc.'s Joe Ripp: After Time Warner Split, Our Cash Will Stay Ours

Joe Ripp started his new job as CEO of Time Inc. only three weeks ago, but he's already caught the attention of staffers by saying the executive suite had for too long been a place "where ideas go to die." He'll need their imagination and commitment going forward as parent company Time Warner prepares to spin Time Inc. off into a separate, independent entity, left to navigate publishing's challenges on its own.But that could be an advantage too because it means Time Inc. will keep its cash flow instead of seeing it diverted for Time Warner's broader purposes, according to Mr. Ripp, who spoke with Ad Age during Advertising Week in New York."It was our funds, it was our innovation, that started Home Box Office," said Mr. Ripp, who worked at Time Warner and Time Inc. in an earlier tour, beginning in 1985. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2013-09-25 00:00:00 UTC ]
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Time Warner CEO Jeffrey Bewkes' compensation soars to $49 million

Compensation for Time Warner Chief Executive Jeffrey Bewkes — who is hoping to take a victory lap after orchestrating the sale of his company to AT&T — soared to $49 million in 2017, according to a regulatory filing. His 2017 compensation was 50% higher than the previous year, when he... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-28 00:00:00 UTC ]
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AT&T's Randall Stephenson tries to close the deal on Time Warner merger at antitrust trial

AT&T Inc.’s top executive gave a vigorous defense of the proposed $85.4-billion deal to buy Time Warner, describing it as key to the company’s ability to compete with a new generation of high-tech competitors. “This world is changing fast,” said Randall Stephenson, who took the witness stand... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #4-billion deal #antitrust trial #changing fast #witness stand


Time Warner CEO Jeff Bewkes calls government antitrust allegations 'ridiculous'

Time Warner Inc.’s chief executive testified Wednesday that the government’s assertions that AT&T Inc. wanted to buy the company to use its programming as leverage over distributors “makes no sense” because it would limit viewership. “I think it’s ridiculous. It’s not how this works,” Jeff... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-18 00:00:00 UTC ]
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AT&T wants to buy Time Warner to 'weaponize' its content, government says at start of antitrust trial

The biggest U.S. antitrust case of this century kicked into high gear on Thursday as a government lawyer warned that AT&T Inc. wants to buy media giant Time Warner Inc. to “weaponize” its must-have content — a move that would raise prices for consumers and hinder innovation. “Time Warner... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-23 00:00:00 UTC ]
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Justice Department sues to block AT&T's purchase of Time Warner, which vows a fight

The U.S. Department of Justice has sued to block AT&T’s proposed $85-billion purchase of Time Warner Inc. — one of the largest media mergers in American history — arguing that a bulked-up AT&T would stifle competition and lead to higher prices for consumers. “This merger would greatly... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-21 00:00:00 UTC ]
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Jeff Sessions ducks questions about White House influence on AT&T-Time Warner merger

U.S. Atty. Gen. Jeff Sessions, during questioning at a congressional hearing Tuesday, sidestepped questions about whether President Trump’s vitriol toward CNN was factoring into the Department of Justice’s review of a mammoth media merger. AT&T is trying to buy Time Warner Inc. — which owns... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-15 00:00:00 UTC ]
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AT&T 'uncertain' when its purchase of Time Warner will close — CNN could be the sticking point

AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
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Time Warner, AT&T deal contingent on CNN sale: report

AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
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With consent from Brazil, AT&T has only one regulatory hurdle left before it can gobble Time Warner

Telecommunications giant AT&T has secured the blessing of Brazilian regulators for its $85-billion takeover of Time Warner Inc., moving the blockbuster deal closer to the finish line. The Dallas phone company on Wednesday said Brazil’s antitrust authority, the Conselho Administrativo de... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-10-19 00:00:00 UTC ]
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AT&T and Time Warner hope to break the cycle of failed mergers

AT&T’s blockbuster bid for Time Warner Inc. might be a boon for investment bankers, lawyers and lobbyists, but it is anyone’s guess whether investors, employees and consumers ultimately would benefit from the combination. Since the $85.4-billion deal was unveiled last weekend, AT&T Chief... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-28 00:00:00 UTC ]
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Wall Street's verdict on AT&T-Time Warner deal: Thumbs down

Shares of AT&T Inc. and Time Warner Inc. were down Monday as investors didn’t appear thrilled by the proposed mega-merger announced over the weekend.  In response to the $84.5-billion deal, Moody’s Investor Service said Monday it had placed AT&T’s credit rating on review for a possible... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-25 00:00:00 UTC ]
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If AT&T swallows Time Warner, who might be gobbled up next?

Wall Street gave a cool reception Monday to AT&T’s plan to buy Time Warner Inc., illustrating sharply divergent views on whether the blockbuster deal will usher in a new era of media consolidation or merely more scrutiny from federal regulators. But the uncertainty didn’t stop some analysts... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-25 00:00:00 UTC ]
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Donald Trump says he'd block any mergers between AT&T; and Time Warner

Campaign 2016 updates: Donald Trump says Donald Trump says women accusing him 'will be sued after the election is over' Oct. 22, 2016, 11:42 a.m. Donald Trump hits the campaign trail in Gettysburg, Pa., while Hillary Clinton is in Philadelphia. Trump says of women accusers will be sued after the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-22 00:00:00 UTC ]
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Donald Trump says he would block an AT&T-Time Warner merger if elected; deal could come Saturday

Republican presidential nominee Donald Trump said Saturday that his administration would seek to block a massive media merger between AT&T and Time Warner Inc. if he is elected president. The deal, which appears to be imminent, would turn telephone giant AT&T, a company already valued at... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-22 00:00:00 UTC ]
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California regulators approve Charter's takeover of Time Warner Cable

Charter Communications has cleared a final regulatory hurdle in its nearly year-long quest to clinch its $71-billion acquisition of Time Warner Cable and Bright House Networks. California Public Utilities Commission members on Thursday voted unanimously to approve the transfer of phone licenses,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-05-13 00:00:00 UTC ]
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Time Warner Cable sweetens deal again for Dodgers TV channel -- and still no takers

In a last-ditch effort to strike a deal before the start of the new baseball season, Time Warner Cable has once again sweetened an offer to other pay-TV providers in hopes of winning wider carriage for the Dodgers' TV channel in Southern California.But there still are no takers — increasing the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-30 00:00:00 UTC ]
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The four types of fan reactions to Time Warner Cable's ongoing Dodgers channel plight

It was the news that had hard-core Dodgers fans personifying the spectrum of face emojis on their smartphones.Time Warner Cable said Tuesday that it had cut by 30% the price of the sports channel owned by the Dodgers with the hope ends the standoff over distribution of the channel with DirecTV... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-24 00:00:00 UTC ]
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Time Warner Cable lowers price of Dodgers channel, hoping to end stalemate

Time Warner Cable is floating a proposal designed to end the standoff over distribution of the sports channel owned by the Los Angeles Dodgers to allow legions of Southern California baseball fans to enjoy Hall of Fame announcer Vin Scully's final season in the broadcast booth.Time Warner Cable... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-23 00:00:00 UTC ]
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Charter-Time Warner Cable deal headed for FCC approval

Charter Communications' proposed takeover of two other cable companies — Time Warner Cable and Bright House Networks — is nearing the finish line as federal officials appear poised to approve the mammoth $67-billion deal in the coming weeks.Federal Communications Commission Chairman Tom Wheeler... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-17 00:00:00 UTC ]
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PUC plans a hearing on Charter's purchase of Time Warner Cable and Bright House

California Public Utilities Commission officials plan a public hearing on Charter Communications' proposed $67-billion acquisition of two cable companies, Time Warner Cable and Bright House Networks, which serve Southern California. The PUC hearing is scheduled for 6 p.m. Tuesday in the Junipero... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-01-26 00:00:00 UTC ]
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