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Home > Fortune 500 Companies > Time Warner
Time Warner
Time Warner is a publicly traded company having a good stock performance result. Time Warner is a fortune 500 stock listed company trading under TWX.
The company is a leading global media and entertainment company with businesses in filmed entertainment, interactive services, television networks, cable systems and publishing. Whether measured by quality, popularity or financial results, their divisions are at the top of their categories. AOL, Time Inc., Time Warner Cable, Home Box Office, New Line Cinema, Turner Broadcasting System and Warner Bros. Entertainment maintain unrivaled reputations for creativity and excellence as they keep people informed, entertained and connected.
Their enterprise is more than a collection of great brands that are owned under one roof. Time Warner’s businesses try hard to gain competitive advantage from opportunities for constructive collaboration. Time Warner Inc. today reported financial results for its fourth quarter and full year ended December 31, 2005. Revenues rose 4 percent over 2004 to 43.7 billion dollars, reflecting increases at the Company’s Cable, Networks, Publishing and Filmed Entertainment reporting segments.
Adjusted Operating Income before Depreciation and Amortization climbed to 10.7 billion dollars, up 8 percent from 9.9 billion dollar in the prior year, driven by double-digit growth at the Cable and Networks segments as well as gains at the AOL and Publishing segments. Operating Income decreased to 4.5 billion dollars in 2005 from 6.2 dollars billion in 2004 reflecting primarily the costs associated with securities litigation, offset partly by the growth in Adjusted Operating Income before Depreciation and Amortization.
Cash Provided by Operations amounted to 5.0 billion dollars, and Free Cash Flow grew to 4.4 billion dollars. As of December 31, Net Debt was 16.1 billion dollars, essentially flat compared to the beginning of 2005, reflecting payments made in connection with securities litigation and government investigations, repurchases of common stock and dividends.
They are innovators in technology, products and services. On the forefront of technology, Time Warner has pioneered industry shifting products such as the DVD and digital cable. And Time Warner’s businesses continue to develop new and uniquely effective ways for their partners and advertisers to reach the markets, audiences and customers they seek. Their people’s leadership at every level their creativity, talent and commitment to excellence ensures that Time Warner continues to provide the high performance service, trustworthy information and enjoyable entertainment their audiences, members and customers expect.
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