TWX

Time Warner Inc.

TMT


Presented:10/08/2013
Price:$65.02
Cap:$59.80B
Current Price:$98.77
Cap:$77.27B

Presented

Date10/08/2013
Price$65.02
Market Cap$59.80B
Ent Value$77.20B
P/E Ratio19.24x
Book Value$29.42
Div Yield1.7%
Shares O/S920.01M
Ave Daily Vol4,040,000
Short Int1.61%

Current

Price$98.77
Market Cap$77.27B
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. The Networks segment consists of Turner Broadcasting System, Inc. and Home Box Office, Inc. It operates domestic and international television networks; provides premium pay and basic tier television programming services; and operates various digital media properties, which primarily consist of brand-aligned Websites. This segment also operates the HBO and Cinemax domestic multi-channel premium pay television services. It provides programming to cable system operators, satellite service distributors, telephone companies, and other distributors; sells advertising; engages in the sale of DVDs and Blu-ray discs; and domestic and international licensing of original programming to television networks. The Film and TV Entertainment segment consists of businesses managed by Warner Bros. Entertainment Inc. that principally produce and distribute feature films, television shows, and videogames. It distributes home video products; and licenses rights to its feature films, television programming, and characters. The Publishing segment comprises Time Inc.’s magazine publishing and related Websites, as well as book publishing and marketing businesses. This segment publishes magazines on style and entertainment, lifestyle, news, and sports. The company’s brands include TNT, TBS, CNN, HBO, Cinemax, Warner Bros., New Line Cinema, People, Sports Illustrated, and Time. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.

Highlights

Shares of Time Warner were weighed down for a period of time as a result of investors shorting the stock as a hedge to long positions in Twenty-First Century Fox (FOXA) and other media stocks. Indeed, the stock continues to trade at the low end of the group’s range, but the presenter reasons that shares are poised to outperform over the next couple of years.

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Idea Discussion

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