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  "documentTitle": "Time Warner Inc. (TWX)",
  "authorId": "14_Icahn",
  "authorName": "Lazard",
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  "presentationDate": "2006-02-01 00:00:00",
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  "function": "compare_peers",
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  "notes": "The table uses ordinal rankings (1-6) rather than raw financial data to compare performance.",
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      "text": "Advertising performance",
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      "text": "Over the past five years, AOL has suffered a succession of changes in ownership, leadership and strategy...",
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      "text": "An independent, public AOL could use its substantial free cash flow to reinvest in the business and could develop an acquisition currency...",
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      "text": "with TWX has been encouraged to pursue strategies to maximize short-term profitability at the risk of losing its long-term strategic relevance...",
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      "text": "Source: Information and estimates based on various Wall Street research reports. Note: Three-year CAGR is based on 2005 - 2008 growth rate.",
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      "kind": "table",
      "text": "AOL Peer Benchmarking table showing rankings for Revenue, OIBDA, Margin, Growth, and Unique Visitors.",
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      "text": "CHAPTER 4: VALUATION",
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