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More Evidence That Time Warner Plans to Break Up

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First Posted: 12-13-07 05:34 PM   |   Updated: 03-28-08 02:45 AM

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Read More: Bank Of America, Douglas Shapiro, Jeff Bewkes, Time Warner, Time Warner Sale, TWX, Business News
Time Warner

Silicon Valley Insider:

Time Warner has a new head of Investor Relations: Douglas Shapiro, a former media analyst at Bank of America. Make no mistake: investor relations is a sales business, not a service business, so it's not surprising that Shapiro had a screaming "BUY" and $25 target on the stock. (Tim Arango in NYT)

More important: Shapiro also advocated that Time Warner be chopped up into pieces, a strategy that some suspect new CEO Jeff Bewkes also favors. So Shapiro's selection is probably an indication that Time Warner secretly plans to dis-aggregate.

Read the whole story: Silicon Valley Insider

Time Warner has a new head of Investor Relations: Douglas Shapiro, a former media analyst at Bank of America. Make no mistake: investor relations is a sales business, not a service business, so it's n...
Time Warner has a new head of Investor Relations: Douglas Shapiro, a former media analyst at Bank of America. Make no mistake: investor relations is a sales business, not a service business, so it's n...
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- nellie I'm a Fan of nellie 498 fans permalink
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Really? I just signed up for cable.

    Favorite    Flag as abusive Posted 11:40 PM on 12/13/2007
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