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May 1, 2008

Time Warner to sell TV business

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by Grant Draper
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Time Warner to sell TV business<br />

In a recent announcement, Time Warner has said that it will be selling its Cable TV Business.

The business, which is 84% owned by Time Warner, is down 36% in the first quarter to $771(£390m), and the AOL internet business, is down a similar amount, but Time Warner have yet to announce the sale of the AOL business.

Story link: Time Warner to sell TV business


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