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By: Nick Schlosser & Taylor Felton. Time Warner Inc. Company Name: Time Warner Inc. Number of Employees: Approximately 31,000 Merger Date: 1990 Founder for Time Inc.- Briton Hadden and Henry Luce Founder for Warner Bros.- Harry, Sam, Albert and Jack Warner
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By: Nick Schlosser & Taylor Felton Time Warner Inc.
Company Name: Time Warner Inc. Number of Employees: Approximately 31,000 Merger Date: 1990 Founder for Time Inc.- Briton Hadden and Henry Luce Founder for Warner Bros.- Harry, Sam, Albert and Jack Warner Founding city for Time Inc. – New York, NY Founding city for Warner Bros. – Burbank, CA Number of employees- 32,000 General Info.
Earnings per Share- 2.22 Time Warner is valued at (worth) $37.85 billion Income/total profit is at $11.86 billion Earnings are $2.49billion Current Purpose: To entertain as many people as possible and allow everyone to be up-to-date in current events in as many ways as possible. Original Purpose: To merge leading media companies and create one global leader in media and entertainment More Info
Time Warner believes that the long-term success of the community depends on growing a college-educated workforce that reflects the diversity of the global marketplace. With this in mind, they launched two thriving initiatives dedicated to increasing college access among underserved youth. Charitable Activities
Jeffrey L. Bewkes Chairman and President • James L. Barksdale • William P. Barr • Stephen F. Bollenbach • Frank J. Caufield • Robert C. Clark Board of directors • Mathias Döpfner • Jessica P. Einhorn • Fred Hassan • Michael A. Miles • Kenneth J. Novack • Paul D. Wachter • Deborah C. Wright
Time Warner Inc. paid $510 million dollars to settle charges from an accounting scandal at AOL, ending a conflict that made Time Warner look bad. 12/16/04 Time Warner has to pay $750 million dollars to the Securities and Exchange Commission and the Justice Department on another accounting scandal. This was $250 million dollars more than they expected. 8/26/02 scandals
Our stock started out at 34.89 and ended at 36.54. It went down then up for awhile then back down to 36.14 and finally up to 36.54. On average it went up. Compared to their competitors News Corporation has been going down and is at 17.85, The Walt Disney Company has also gone down and is at 40.92. Finally Comcast Corporation has gone down and is now at 24.70. Overall Time Warner has been going up compared to their competitors. Our stock may have out performed their competition by coming out with new movies and TV shows that other competitors did not show. Time Warner’s E.P.S. is 2.22, News Corporation is at 1.11, Walt Disney is at 2.27, and Comcast is 1.32. In the next three months I expect Time Warner to drop to around 35 but then slowly rise and get close to 40. I expect them to continue their trend of a rollercoaster line, but I think they will keep going up close to 40. I would recommend holding this stock because it may drop some and it would not be good if you just bought some more so if you hold on to the stock you already have you will more than likely make money, but if it does drop it won’t be too much. Future Forecast
Largest media and entertainment conglomerate in the world • Resulted from the merge of Time Inc, Warner Bros, and America Online (AOL) • Media outlets include the magazines Time, Sports Illustrated, and People • Cable and broadcast networks include HBO, CNN, TBS, and WB • Revenues at Time Warner’s film division rose 5%, helped by the success of hit releases including "Harry Potter and the Deathly Hallows: Part 1", "Inception" and "Clash of the Titans". • If you were to buy 100 shares of Time Warner when it first merged, it would have been worth $1,475. After splits and price increases you would have 4,266.67 shares and it would be worth $150,826.78 Interesting Facts