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Time Warner and AOL revenue down in second quarter
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#1
07-29-2009
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Time Warner and AOL revenue down in second quarter
Time Warner posted its second-quarter earnings today, showing a 34% decline in profit. The entertainment conglomerate owns the Warner Bros. movie studio, HBO and Turner cable networks, Time Inc. magazines and the AOL Internet portal – which is to be spun off by the end of the year.
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