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News Breaks
August 6, 2014
11:08 EDTTWXTime Warner sees FY programming costs up in the high single digits
Says share repurchases a very attractive use of capital. Says will host investor event this fall to lay out growth plans. Sees growth coming from new Turner affiliate fee deals, HBO content. Says plans to monetize global kids business. Says scatter pricing "healthy," volume "modest" into Q3. Sees total advertising flat to down low single digits in Q3. Sees "somewhat higher" programming cost growth in 2H, sees FY programming costs up in the high single digits. Says outlook for TV business "very strong." Cash priorities include maintaining strong balance sheet, M&A opportunities, share repurchases. Sees incurring restructuring charges, programming impairments at Turner in 2H. Sees HBO's operating income "relatively flat" in 2H.
News For TWX From The Last 14 Days
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June 28, 2015
15:40 EDTTWXUniversal's 'Jurassic World' leads U.S. weekend box office with $54.2M
For the weekend of June 28, Comcast (CMCSA, CMCSK) subsidiary Universal's "Jurassic World" topped domestic box office charts at $54.2M. Disney's (DIS) "Inside Out" landed in second place with $52.1M, while Universal's "Ted 2" came in third with $32.9M. Time Warner (TWX) subsidiary Warner Bros.' "Max" and Fox's (FOX, FOXA) "Spy" took fourth and fifth place at $12.2M and $7.8M, respectively. Data gathered by Rentrak.
June 24, 2015
14:46 EDTTWXHBO deal an early sign of Facebook original content plans, says Brean Capital
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12:27 EDTTWXHBO to offer free episodes of 'Ballers', 'The Brink' on Facebook, Variety says
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June 21, 2015
16:21 EDTTWXUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
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