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Time Warner

Media giant Time Warner is splitting off the magazine company behind Time, Sports Illustrated and People to give the parent company "Strategic clarity" And enable it to focus on its TV networks, movies and TV production businesses, CEO Jeff Bewkes says.

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Interesting move. Could it be a sign that magazines in printed format are dying and not being a viable business anymore?

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CBS Corporation and Time Warner Cable have reached a new deal on broadcasting rights, according to a CBS news release. CBS programming was to resume by 6 p.m. ET in New York, Los Angeles and Dallas. Specific terms of the deal were not disclosed. Ref. USAToday

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The CEO of Charter offered to buy Time Warner Cable in "The low $130s" per share, according to the broadband company's press release. The offer is the third-largest for any global company since 2009, Bloomberg reports. Ref. USAToday

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Time Warner rebuffed $80 billion Murdoch takeover bid

Shares of Time Warner surge more than 12% in pre-market trading on news it turned down 21st Century Fox's offer of $85 a share in cash and stock, according to CNBC and 'The New York Times.' Ref. USAToday

Time Warner

21st Century Fox withdraws bid to buy Time Warner

Shares of Time Warner tumble in after-hours trading as 21st Century Fox jumps. Ref. USAToday

Time Warner

Strange, what did 21st Century Fox find in Time Warner that made them trash the deal? Or are we seeing an overconfidence in 21st Century Fox to come up with stuff that is better than Time Warner?

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Time Warner Cable says it is experiencing service outages

The company tweeted on Wednesday it is "Working to restore services to all areas as quickly as possible; no ETR." Ref. USAToday