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  "documentTitle": "Time Warner Inc. (TWX)",
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  "presentationDate": "2006-02-01 00:00:00",
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      "text": "Summary of TWX Organization",
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      "text": "AOL: AOL provides TWX with a new media and Internet platform that serves approximately 20 million US subscribers. AOL owns leading web sites such as Moviefone and MapQuest and attracts 114 million unique visitors per month.(b)",
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      "text": "Networks: Networks include established, highly regarded and profitable channels, including HBO, Cinemax, CNN, TBS, TNT, Cartoon Network and Court TV.",
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      "text": "Filmed Entertainment: The film segment includes two of the world's leading and most profitable film studios (Warner Bros. and New Line Cinema) that have produced 16 of the top 50 grossing films in the last five years and have a library of over 6,600 theatrical releases and 54,000 television titles.",
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      "text": "Publishing: Publishing assets include 7 of the top 30 consumer magazines in the US (based on 2004 gross revenue), including People, Sports Illustrated, Time, Fortune, In Style, Entertainment Weekly and Southern Living, as well as IPC, the leading consumer magazine company in the UK, and well-respected book publishing units including Warner Books and Little Brown & Co.",
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      "text": "Cable (\"TWC\"): TWC manages over 14 million subscribers in tightly clustered and attractive markets (85% of TWC's subscribers are in its top five markets, including attractive, large market shares in New York, California, Ohio, Texas and the Carolinas).(a) The entire TWC network (excluding Adelphia) has been 100% upgraded to offer digital video, high speed Internet and IP telephony.",
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      "text": "market capitalization: $81 billion",
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      "text": "TWX is the world's largest diversified media company with a current market capitalization of approximately $81 billion. Consensus Wall Street research estimates (pro forma for the currently pending Adelphia/Comcast transactions(a)) project fiscal 2005 revenues and OIBDA of $46 billion and $11.4 billion, respectively. The Company is currently composed of five main operating units:",
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      "text": "(a) On April 20, 2005, TWC and Comcast announced an agreement to purchase substantially all of the US cable assets of Adelphia Communications Corporation (\"Adelphia\"). (b) comScore Media Metrix, November 2005. Includes all TWX properties.",
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      "text": "OVERVIEW OF TIME WARNER INC.",
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