Time Warner Goes Pure Play, Sheds AOL

Farrell, Mike
December 2009
Multichannel News;12/14/2009, Vol. 30 Issue 46, p24
The article reports on the announcement of Time Warner Inc. to become a pure-play content company on December 10, 2010 in the U.S. It is said that American Online Inc. (AOL) unit spinoff is the last factor for becoming a pure-play content in which it concentrates on movie studios, publishing businesses and cable programming. It is noted that the spinoff happened on December 9, 2009 in which Time Warner shareholders received one share of AOL stock for every 11 shares.


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