Report: Time Warner to Spin off Cable Division, AOL Still Tanking
They’re splitting, but it’s not what you may think. Time Warner said on Wednesday it plans to fully separate its cable services division, in a nod to Wall Street’s demands to refocus as a pure media content company to boost an ailing stock price, according to Reuters.
That ailing stock price has a lot to do with AOL, which is the other part of Time Warner that analysts expect will split off from the mothership. It’s also the subject of ongoing
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