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Time Warner Inc (TWX)

TWX on New York Consolidated

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26 Jul 2017
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Latest Key Developments (Source: Significant Developments)

AT&T reports Q2 earnings per share $0.63
Tuesday, 25 Jul 2017 04:01pm EDT 

July 25 (Reuters) - AT&T Inc :AT&T reports second-quarter results.Q2 earnings per share $0.63.Q2 revenue $39.8 billion versus I/B/E/S view $39.79 billion.Q2 adjusted earnings per share $0.79.Q2 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.AT&T Inc - ‍company maintains full-year guidance​.AT&T Inc - Q2 U.S. wireless postpaid churn 0.79 percent versus 0.97 percent.AT&T Inc - ‍2.8 million wireless net adds​ in quarter.FY2017 earnings per share view $2.89, revenue view $160.96 billion -- Thomson Reuters I/B/E/S.AT&T Inc - ‍total video losses of 199,000 with DIRECTV NOW gains helping offset traditional tv subscriber decline​ in quarter.AT&T Inc - continue to expect Time Warner deal to close by year-end.  Full Article

CSG Systems entered into management system agreement with charter
Wednesday, 19 Jul 2017 10:08am EDT 

July 19 (Reuters) - Charter Communications Inc :CSG Systems International - on July 17, CSG entered into new consolidated CSG master subscriber management system agreement with charter - SEC filing.CSG Systems International-new CSG master subscriber management system agreement with charter supersedes all previous agreements with charter, Time Warner.CSG Systems International - new agreement is effective August 1, 2017 and extends CSG's contractual relationship with charter (an additional 2 years).CSG Systems-agreement covers Time Warner customer accounts serviced by CSG, now owned by charter (additional 4.5 years) through Dec. 31, 2021.CSG Systems International Inc - in addition, charter has option to extend new agreement for an additional one-year term.CSG Systems International- under new agreement, CSG provided charter a pricing discount in-line with extended contract term through December 31, 2021.CSG Systems International - as a result, CSG expects its revenues from charter under new agreement to be relatively consistent on a go forward basis.  Full Article

AT&T says no decisions made on organizational structure related to Time Warner deal
Friday, 14 Jul 2017 12:41pm EDT 

July 14 (Reuters) - AT&T Inc ::AT&T Inc on Time Warner deal says no decisions on organizational structure or leadership have been finalized‍​.  Full Article

AT&T plans major organizational changes after Time-Warner deal- Bloomberg, citing sources
Friday, 14 Jul 2017 12:07am EDT 

July 14 (Reuters) - At&T Inc ::AT&T is planning organizational changes to follow its deal for Time Warner, including redefined role for CEO Randall Stephenson- Bloomberg, citing sources.Stephenson will drop ceo title and become executive chairman,overseeing pair of ceos who will manage AT&T's telecom and media businesses- Bloomberg, citing sources.John Stankey, who now leads directv and other entertainment businesses, will be ceo of the media division, including time warner- Bloomberg, citing sources.Directv will become part of unit that includes AT&T'straditional phone businesses, to be run by John Donovan, who will be promoted to CEO- Bloomberg, citing sources.  Full Article

‍Warner Bros. Digital Networks appoints executives in Business Development, Strategic Planning, Marketing
Monday, 10 Jul 2017 10:00am EDT 

July 10 (Reuters) - Warner Bros. Digital Networks::Eric Besner named Senior VP, Business Development; Greg Salter named Senior VP, Business & Strategic Planning; Katie Soo named Senior VP, Marketing​.  Full Article

Time Warner, Snap announce partnership to invest in content, ads
Monday, 19 Jun 2017 11:00am EDT 

June 19 (Reuters) - Time Warner Inc::Time Warner and Snap announce wide-ranging global media partnership to invest in content and ads.Under agreement, co will make "significant" commitment to develop, produce shows for Snapchat from across its networks, entertainment cos.By the end of 2017, Snap expects to have three shows airing per day.Says deal with Snap will bring shows from Time Warner brands to Snapchatters.  Full Article

HSN, Warner Bros Consumer Products establish partnership
Wednesday, 31 May 2017 08:49am EDT 

May 31 (Reuters) - HSN Inc ::HSN announces collaboration with Warner Bros Consumer Products in partnership with Warner Bros Pictures, Tencent Pictures, Wanda Pictures, DC Entertainment​.  Full Article

Greenlight Capital takes share stake in Perrigo, cuts share stake in Time Warner
Monday, 15 May 2017 05:59pm EDT 

May 15 (Reuters) - Greenlight Capital::Takes share stake of 1.7 million shares in Perrigo Co Plc - SEC filing.Cuts share stake in Time Warner Inc by 37.8 percent to 2.1 million shares.Ups share stake in Fred's Inc by 45.4 percent to 2.2 million class A shares.Change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec. 31, 2016.  Full Article

Third Point LLC dissolves share stake in Apple, Goldman Sachs
Friday, 12 May 2017 05:03pm EDT 

May 12 (Reuters) - Third Point LLC :Third Point LLC dissolves share stake in Apple Inc - sec filing.Third Point LLC takes share stake of 2.3 million shares in Snap Inc.Third Point LLC dissolves share stake in Goldman Sachs Group inc.Third Point LLC ups share stake in Time Warner Inc by 16.7 percent to 3.5 million shares.Third Point LLC cuts share stake in Humana Inc by 61.5 percent to 925,000 shares.Third Point LLC cuts share stake in Baxter International Inc by 11.4 percent to 46.0 million shares.Third Point LLC cuts share stake in Sherwin Williams Co by 10.0 percent to 900,000 shares.Third Point LLC dissolves share stake in Conagra Brands Inc.Third Point LLC dissolves share stake in Monsanto Co.Third Point LLC cuts share stake in Zayo Group Holdings Inc by 14.3 percent to 6.0 million shares.Third Point LLC - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Time Warner Q1 adjusted earnings $1.66/shr from cont ops
Wednesday, 3 May 2017 07:00am EDT 

May 3 (Reuters) - Time Warner Inc :Time warner inc. Reports first-quarter 2017 results.Q1 adjusted earnings per share $1.66 from continuing operations.Q1 earnings per share $1.80 from continuing operations.Q1 revenue $7.7 billion versus i/b/e/s view $7.67 billion.Time warner inc qtrly warner bros. Segment revenues increased 8% ($256 million) to $3.4 billion.Time warner inc - qtrly turner segment revenues increased 6% ($182 million) to $3.1 billion,.Time warner inc - q1 home box office revenues increased 4% to $1.6 billion.Q1 adjusted earnings per share $1.66.Q1 earnings per share $1.80.Q1 earnings per share view $1.45 -- Thomson Reuters I/B/E/S.Time warner inc - remain on track, pending completion of regulatory reviews and receipt of consents, to close merger with at&t inc. Before end of 2017.Time warner inc - for three months ended march 31, 2017, company recognized $82 million of costs related to at&t merger.Time warner - in connection with at&t merger, as of march 31, co granted 5.7 million special retention rsus to certain employees of co and its divisions.Time warner - certain employees of co and its divisions, including executive officers other than chairman and ceo, got or will get cash retention award.  Full Article

BRIEF-AT&T reports Q2 earnings per share $0.63

* Q2 revenue $39.8 billion versus I/B/E/S view $39.79 billion