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  "documentTitle": "Time Warner Inc. (TWX)",
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  "presentationDate": "2006-02-01 00:00:00",
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  "notes": "Includes a bar chart showing subscriber counts from 2001-2005 and text describing licensing agreements and original programming.",
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      "kind": "chart",
      "text": "Exhibit 2B.28: HBO AND CINEMAX SUBSCRIBERS (MM)",
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      "text": "subscribers: 40 million",
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      "text": "HBO, operated by the wholly owned subsidiary Home Box Office, Inc., is the nation's most widely subscribed pay television service. Together with its sister service, Cinemax, HBO is expected to have 40 million combined subscribers by the end of 2005.",
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      "text": "HBO is also defined by its original programming that includes dramatic and comedy series, movies and mini-series as well as boxing matches, sports documentaries, sports news programs, concerts, comedy specials, family programming and documentaries.",
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      "text": "A major portion of HBO's and Cinemax's programming consists of recently released, uncut and uncensored theatrical motion pictures. HBO's practice has been to negotiate licensing agreements of varying duration with major motion picture studios.",
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      "text": "By 1995, we had reached a point where HBO wasn't going to grow as it had until then. We wanted to be a company that did things differently. But by that time, we weren't anymore the company we were pretending to be. If we want to differentiate ourselves — Chris Albrecht, CEO of HBO.",
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      "text": "Information Source: Wall Street research, Kagan Research and Company filings.",
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      "text": "IV. HOME BOX OFFICE",
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