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November 30, 2012
09:02 EDTTWX, GOOG, NFLXTime Warner CEO still unfazed over competition from YouTube, Netflix, BI says
Time Warner (TWX) CEO Jeff Bewkes put into perspective Google's (GOOG) announcement that YouTube is now investing $100M a year in original content, noting that Time Warner plans to spend $5B on content this year, reported Business Insider. Bewkes also continue to seem unconcerned by the competitive threat from Netflix (NFLX), according to the report. Reference Link
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