30
Apr
Time Warner, the world’s biggest media company, reports a 36% decline in Q1 profits and says it will spin off the rest of its cable business. The owner of AOL and CNN nets 21 cents per share in the first three months of the year, down from 31 cents, on revenues that rose 2% to $11.42 billion.
Originally Syndicated via RSS from Wired: Top Stories
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