Time Warner Is Spinning Off Time Inc. Magazines
Time Warner said Wednesday that it will spin off the magazine unit behind Time, Sports Illustrated and People into a separate, publicly traded company by the end of the year.
Time Warner said Wednesday that it will spin off the magazine unit behind Time, Sports Illustrated and People into a separate, publicly traded company by the end of the year.
The shows have been off the air for years, but the battle continues. Stars from television classics, including The Partridge Family and Happy Days, are suing their former studios over royalty money -- for toys, lunch boxes, board games, books and even slot machines -- that they claim is long overdue.
Warner Brothers' The Dark Knight is the first flick to be offered directly via the social network. It's a small test, but when Facebook enters a business, competitors get nervous: Here's how this move could trigger a round of mergers among Netflix and other established players.
Observers are bracing for the revenue avalanche that Avatar will generate in its third weekend -- and debating its effect on the industry and what, if anything, it may augur for Tinseltown or the national economy.








