Time Warner (TWX) CEO Is Optimistic About “TV Everywhere”
Time Warner (NYSE: TWX) presented strong quarterly earnings numbers. It beat the market expectations and recorded the Q4 profit of $0.55 per share. It also registered $7.32 billion in revenue.
Talking with CNBC, Jeff Bewkes, CEO, Time Warner Cable, elaborated upon his company’s plans to maintain growth. He expressed his conviction towards the importance of the ‘Content’. He is excited about the transfer of content from television to the internet.
Time Warner is currently pushing to provide its cable customers with access to their cable content from the web. Talking about the future of the DVD business, he said that the High Def BluRay DVDs and the 3-D discs will drive the demand up.
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