Time Warner sets up $500 million legal reserve, profit dips
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Time Warner Inc. reported a 7.8% decline in third-quarter earnings as it set up a $500 million legal reserve related to continuing investigations into its America Online unit.
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Media conglomerate Time Warner Inc.  said on Wednesday that fourth-quarter profit rose more than 30  percent, boosted by asset sales, more digital cable and phone  customers, and a rise in AOL advertising sales.
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Media giant Time Warner Inc.  will pay fines of &#36;210 million under an agreement with the U.S. government to be announced on Wednesday to settle charges that its America Online unit inflated revenue, a Justice Department official said.
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Time Warner Inc. said Wednesday that it is creating a $500 million reserve in response to the federal investigations of its America Online unit and that it also will restate AOL Europe's financial results for 2000 and 2001.  -The Washington Post
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Media conglomerate Time Warner Inc.   said on Wednesday that fourth-quarter profit rose more  than 30 percent, boosted by asset sales, more digital cable and  phone customers, and a rise in AOL advertising sales.
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Time Warner Inc. said Wednesday it had created a $500 million legal reserve to deal with ongoing federal probes of its America Online division.
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Time Warner Inc. announced that it has set aside $500 million in legal reserves in connection with a government probe and that it will restate its financial results for 2000, 2001, and possibly 2002.
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Media giant Time Warner Inc. TWX.N  will pay fines of $210 million under an agreement with the U.S.  government to be announced on Wednesday to settle charges that  its America Online unit inflated revenue, a Justice Department  official said.
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Shares of Media giant Time Warner Inc. were little changed Monday ahead of the company&#39;s third-quarter earnings report as investors wonder exactly what chairman Dick Parsons might say about its troubled America Online unit.
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Warner Music Group Corp., home to recording artists such as Red Hot Chili Peppers, James Blunt and Daniel Powter, said Thursday its first-quarter profit fell 74 percent due to fewer albums released during the period and soft domestic and European sales. Its shares fell nearly 5 percent.
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Time Warner said today it is establishing a $500 million legal reserve stemming from the on-going federal probes of its America Online unit and plans to restate the accounting for its stake
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Time Warner Inc. TWX.N has agreed to  pay $500 million to $600 million to settle all civil and  criminal charges with the Justice Department and the U.S.  Securities and Exchange Commission, the New York Times reported  on Wednesday.
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Time Warner said yesterday that it had set aside $500 million to pay for potential penalties stemming from a government investigation into accounting practices at America Online, a step that
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Warner Music Group Corp. reported on  Thursday a worse-than-expected 74 percent drop in quarterly  profit as its artists had fewer big hits, sending shares more  than 5 percent.
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America Online, cable networks and publishing are expected to lead 2005 revenue and profit growth at parent Time Warner Inc._, an executive said on Tuesday.
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NEW YORK -- Recording company Warner Music Group Corp. said Friday it swung to a profit in the fourth-quarter, bolstered by a hefty settlement benefit, but its results fell short of Wall Street's expectations.
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Time Warner Inc has expressed interest  in selling its equity stake in a subsidiary of Time Warner  Cable back to the cable division worth about $3 billion,  according to a regulatory filing this week.