Http://www.aliyun.com/zixun/aggregation/4769.html "> Time Warner recently announced plans to divest its magazine-owned time company into an independent public company.
Bewkes, president and chief executive of Time Warner, said: "The complete stripping of the times will bring a clearer strategy for Time Warner, allowing us to focus on television networks and film and television production operations to improve our profitability." Time companies will benefit from the flexibility of becoming an independent public company and attract more shareholders. ”
Times has more than 100 magazine publications, including "Times", "wealth", "people" and "Sports Illustrated" and other well-known publications.
It is learnt that the entire split plan will be completed by the end of this year.
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