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Stock Market & Financial Investment News

News Breaks
June 9, 2014
09:15 EDTTIME, TWXTime Warner completes spin-off of Time Inc.
Time Warner (TWX) announced that it has completed the previously announced spin-off of Time Inc. (TIME) from Time Warner. Immediately after 11:59 p.m. EDT on June 6, Time Warner distributed all outstanding shares of Time Inc. common stock to Time Warner shareholders at a distribution ratio of one share of Time Inc. common stock for every eight shares of Time Warner common stock held on the May 23 record date. Starting today, June 9 Time Warner stock will no longer include the value of Time Inc. Commenting on the spin-off, Time Warner Chairman and CEO Jeff Bewkes said: "The spin-off of Time Inc. completes the process we began several years ago to position Time Warner as the world's leading video content company. Our strategy reflects our commitment to delivering strong returns to our shareholders as we light up the world with the best storytelling. The spin-off gives Time Warner even more focus as we continue to deliver on this strategy."
News For TWX;TIME From The Last 14 Days
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December 18, 2014
13:32 EDTTIMETime Inc., IFTTT announce partnership
IFTTT, a free service that lets consumers create simple connections between the products, services and apps they use every day, and Time Inc. are partnering to unlock new ways for audiences to consume and share popular Time Inc. digital content. Today, five of Time Inc.ís most popular titles launched Channels on IFTTT: Entertainment Weekly, InStyle, PEOPLE, Sports Illustrated, and TIME. Powered by Time Inc.ís internally developed OneBot social trending tool, consumers are able to receive links to trending Time Inc. stories through customized notifications that can be delivered in myriad ways.
December 17, 2014
12:39 EDTTIMETime Inc. cutting Time, People circulation guarantees, Ad Age says
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December 16, 2014
09:06 EDTTIMETime Inc. partners with Coinbase to accept bitcoin payments
Time Inc. has partnered with Coinbase, a bitcoin wallet, to become the first major magazine publisher to accept bitcoin payments. The initiative launched today with Fortune, Health, This Old House and Travel + Leisure, now accepting bitcoin among the wide variety of payment options for subscriptions. Beginning today, anyone with a Coinbase wallet can use bitcoin to purchase subscriptions to Fortune, Health, This Old House and Travel + Leisure.
08:29 EDTTWXComcast to launch online live stream of NBC, WSJ reports
Comcast's (CMCSA) NBC is launching a live stream of its broadcast network online today and plans for it to be available on mobile platforms early next year, but NBC does not plan to sell a separate online version without requiring a pay-TV subscription, unlike peers CBS (CBS) and Time Warnerís (TWX) HBO, said The Wall Street Journal. Reference Link
06:36 EDTTWXAmazon says HBO GO now available on Fire TV
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December 12, 2014
06:17 EDTTWXTime Warner CEO talks potential mergers in media space, NY Post reports
Time Warner CEO Jeff Bewkes discussed the potential of a merger with CBS (CBS) and Viacom (VIA) at yesterday's DealBook conference, New York Post reports. Bewkes said, "They may want to be a merger partner for somebody or maybe even for themselves."Reference Link
December 11, 2014
07:49 EDTTWXThe New York Times to hold a conference
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06:26 EDTTIMETime Inc. to sell Sunset magazine's Menlo Park campus, WSJ reports
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December 10, 2014
06:03 EDTTWXHBO plans to launch web-only service in April, Fortune reports
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05:59 EDTTWXHBO CTO Berkes to exit cable network, Variety reports
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December 9, 2014
15:03 EDTTWXDiscovery Communications rises after CEO sees outperforming U.S. peers
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13:53 EDTTWXTime Warner CEO: Bundle will continue to be dominant
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07:32 EDTTWXUBS to hold a conference
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06:48 EDTTWXAnalysts say Netflix undermining TV ad revenue, NY Times reports
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December 8, 2014
10:00 EDTTWXOn The Fly: Analyst Initiation Summary
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