• Time Warner: Digital Is Good For Media
    In terms of economics, "digital is good," Time Warner Chief Executive Jeff Bewkes said at an investor presentation. Total Turner adjusted operating income hit $2.3 billion in 2009, with compound annual growth of 12% for 2000-2009. In addition, Turner CEO Phil Kent touted CNN's "unsurpassed" average monthly reach of 66.9 million, compared with Fox News' 57.7 million and MSNBC's 50.6 million, according to Nielsen Media Research. TW's pure content focus is helping on the financial front as "content is going up" in the digital age, Bewkes said, notes The Hollywood Reporter. Bewkes ruled out a sale of the …
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