Time Warner (TWX) Banks On Strategic Efforts For Growth
Zacks Investment Research | Sep 28, 2016 11:09PM ET
Time Warner Inc. (NYSE:TWX) is riding high on initiatives such as foraying into new markets, expanding its digital presence and extension of The National Collegiate Athletic Association ("NCAA") deal. However, these signs of optimism are clouded by intense competition and dismal performance of the Warner Bros Division. Keep on reading to find out what are the pros and cons of Time Warner at the moment.
Hidden Catalysts
Time Warner has been expanding its digital presence to give consumers a more enjoyable viewing experience by making more contents available in various platforms and devices. Further, Time Warner enhanced the reach of HBO GO streaming service to mobile devices. It also launched an independent online streaming service HBO NOW to target consumers who have access to the Internet but are not cable subscribers.
Time Warner’s significant international footprint has helped broaden its client base and product portfolio. Turner is now concentrating on the enhancement of its reach in existing territories through investments in local production and gaining distribution rights for new networks. The increasing demand of its content from distributors such as AT&T (NYSE:T), Verizon, Netflix, Amazon (NASDAQ:AMZN), Hulu and other cable or satellite providers is assisting in augmenting revenue for Time Warner.
Time Warner’s Turner Broadcasting and CBS Corp. have extended their rights to air The NCAA Men's Division I Basketball Tournament through 2032. The deal is valued at $8.8 billion. Given the massive popularity of the event, CBS Corp. and Time Warner investors are likely to enjoy solid returns. With more viewership and higher advertising revenues, both the companies are poised for top-line growth. In the past, both enjoyed high television ratings and advertising revenues from the event.
TIME WARNER INC Price
Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.