Time Warner Earnings Call
With the exception of that buzzy New York magazine cover story on Jeff Bewkes, the newly-minted Time Warner CEO has caused little turbulence in the New York media fishbowl.
The pendulum swings. At today’s Time Warner earnings call — Bewkes’ first since taking over from Dick Parsons — the CEO announced a slashing of 15 % in annual corporate costs. There will be job cuts. And Bewkes plans to split off the AOL audience and access businesses.
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