Time Warner Considers Spinoffs

TIME WARNER CONSIDERS SPINOFFS
[SOURCE: Washington Post, AUTHOR: Frank Ahrens]
Time Warner's new chief executive, Jeffrey L. Bewkes, is preparing to use his first address to investors today to outline plans for shaking up the world's largest media company, starting with an attempt to sell or spin off Time Warner Cable to help reverse the corporation's skidding stock price. Bewkes also is likely to signal plans to break up AOL in the coming year, as Time Warner holds on to AOL's growing online advertising properties and sells its struggling Internet service provider business.
http://www.washingtonpost.com/wp-dyn/content/article/2008/02/05/AR2008020503400.html
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