Some within Time Warner are thinking they might jettison cable and put more resources into the Web. But insiders
say a total exit is unlikely. More probable is that the company will gradually reduce its 84% stake in Time Warner Cable. The risk: getting rid of a big chunk of its cable holdings would transform the
nature of Time Warner, making it more reliant on its role as a provider of filmed entertainment and print and Web content.
As the Net increasingly serves as a home for TV and film offerings,
content companies may feel they no longer need to control old-style distribution networks, such as cable or satellite TV.
advertisement
advertisement