Time Warner execs hold fire on TWC and AOL
CEO Jeff Bewkes spoke at an investor’s conference yesterday, and CFO Rob Marcus spoke today.
Bewkes said that a new structure for TWC is likely. Most news reports interpreted that as an implication that Bewkes is leaning toward a spin-off of the cable operation. As for AOL, Bewkes said that there is potential for success with the company’s new ad project, called Platform A.
Marcus assured them that TWC anticipated this and has planned for it.
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