Company Profile For Time Warner Inc.

Time Warner Inc. (Time Warner) is a media and entertainment company. The Company operates in five business segments: AOL LLC (AOL), consisting principally of interactive consumer and advertising services; Cable, consisting principally of cable systems that provide video, high-speed data and voice services; Filmed Entertainment, consisting principally of feature film, television and home video production and distribution; Networks, consisting principally of cable television networks that provide programming, and Publishing, consisting principally of magazine publishing. In May 2008, AOL completed the acquisition of Bebo, a global social media network that will form the centerpiece of AOL's newly created People Networks business unit.

BRIEF: For the nine months ended 30 September 2009, Time Warner Inc.'s revenues decreased 7% to $20.89B. Net income from cont. ops. decreased 8% to $1.73B. Revenues reflect a decreased income from Filmed Entertainment, a fall in income from Publishing and lower income from AOL segments. Net income also an increase in restructuring costs, a rise in loss on sale of assets, lower interest income and increased other losses.