Latest news with #TimeWarner
Yahoo
2 days ago
- Business
- Yahoo
Former Turner and Time Warner exec John Martin takes over as Professional Fighters League's CEO
NEW YORK (AP) — John Martin, a former Turner LLC CEO and Time Warner chief financial officer, is the new chief executive officer of the Professional Fighters League. Martin will oversee all aspects of PFL's strategy, management, operations, finances and personnel in his new role. He takes over for Peter Murray, who now becomes CEO of PFL International and reports directly to Martin. Advertisement 'My two greatest passions are leading media companies and MMA, so stepping into the position of PFL CEO is truly a dream role for me,' Martin said Thursday in a statement announcing his appointment. Martin served as chairman and CEO of Turner LLC from 2014-18. He was chief financial officer at Time Warner Inc. before that. He earlier served as CFO of Time Warner Cable, where he was an early advocate for expanding UFC's cable distribution. He began training in martial arts in his mid-20s and eventually earned a black belt in karate and a blue belt in Brazilian jiu-jitsu. ___ AP sports:
Washington Post
2 days ago
- Business
- Washington Post
Former Turner and Time Warner exec John Martin takes over as Professional Fighters League's CEO
NEW YORK — John Martin, a former Turner LLC CEO and Time Warner chief financial officer, is the new chief executive officer of the Professional Fighters League. Martin will oversee all aspects of PFL's strategy, management, operations, finances and personnel in his new role. He takes over for Peter Murray, who now becomes CEO of PFL International and reports directly to Martin. 'My two greatest passions are leading media companies and MMA, so stepping into the position of PFL CEO is truly a dream role for me,' Martin said Thursday in a statement announcing his appointment. Martin served as chairman and CEO of Turner LLC from 2014-18. He was chief financial officer at Time Warner Inc. before that. He earlier served as CFO of Time Warner Cable, where he was an early advocate for expanding UFC's cable distribution. He began training in martial arts in his mid-20s and eventually earned a black belt in karate and a blue belt in Brazilian jiu-jitsu. ___ AP sports:
Associated Press
2 days ago
- Business
- Associated Press
Former Turner and Time Warner exec John Martin takes over as Professional Fighters League's CEO
NEW YORK (AP) — John Martin, a former Turner LLC CEO and Time Warner chief financial officer, is the new chief executive officer of the Professional Fighters League. Martin will oversee all aspects of PFL's strategy, management, operations, finances and personnel in his new role. He takes over for Peter Murray, who now becomes CEO of PFL International and reports directly to Martin. 'My two greatest passions are leading media companies and MMA, so stepping into the position of PFL CEO is truly a dream role for me,' Martin said Thursday in a statement announcing his appointment. Martin served as chairman and CEO of Turner LLC from 2014-18. He was chief financial officer at Time Warner Inc. before that. He earlier served as CFO of Time Warner Cable, where he was an early advocate for expanding UFC's cable distribution. He began training in martial arts in his mid-20s and eventually earned a black belt in karate and a blue belt in Brazilian jiu-jitsu. ___ AP sports:
The Star
09-06-2025
- Business
- The Star
From Time Inc to Discovery: Warner Bros breakup puts spotlight on checkered M&A history
FILE PHOTO: The Warner Bros logo is seen during the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. REUTERS/Eric Gaillard/ File Photo (Reuters) -Warner Bros Discovery, home to HBO and CNN, said on Monday it would split into two companies, the latest twist in its decades-long history of high-stakes mergers and breakups. Date Event 1922 Time Inc was founded by Henry Luce and Briton Hadden to house Time magazine, a weekly news publication that made world affairs accessible to the average reader. The first issue of Time magazine was published in March 1923. 1923 Warner Bros was founded by brothers Harry, Albert, Sam and Jack Warner as a film studio in Hollywood. It revolutionized cinema with the introduction of synchronized sound in films. 1969 Kinney National Company, a conglomerate that later transitioned into media, buys Warner Bros-Seven Arts and later spins off its non-media businesses. 1972 HBO is founded by Charles Dolan with backing from Time. It was the first U.S. subscription-based cable network, offering uncut, commercial-free movies and live sports, pioneering premium cable television. 1990 Time Inc merges with Warner Communications in a $14 billion deal, hailed as a "marriage of content and distribution," creating Time Warner, then the largest media company in the world. 1996 Time Warner merges with Turner Broadcasting, gaining Cartoon Network, CNN, TNT and a vast classic film library. 2000 Time Warner merges with AOL, forming AOL Time Warner, the largest merger in history at the time, aiming to merge traditional and digital media. 2002 AOL Time Warner merger begins to unravel as AOL's value collapses with the launch of an SEC investigation, prompted by allegations of accounting irregularities and inflated revenue reports at AOL. 2003 CEO Steve Case resigns from AOL Time Warner. 2004 Time Warner sells Warner Music to a private equity group led by Edgar Bronfman Jr. for $2.6 billion. 2009 Time Warner fully spins off Time Warner Cable, which had already been partially separated in 2007, ending its role in cable distribution. 2009 Time Warner spins off AOL. 2013 Time Warner spins off Time, its magazine division, which includes Time, People, Fortune and Sports Illustrated, marking its formal exit from publishing. 2016 AT&T announces acquisition of Time Warnerfor $85 billion. 2018 AT&T completes its acquisitionof Time Warner after regulator's approval, renaming it WarnerMedia. 2021 AT&T announced it would spin off WarnerMedia and merge it with Discovery Inc to create a new standalone media company. 2022 WarnerMedia and Discovery complete their merger in a $43 billion deal. 2025 Warner Bros Discovery announces it would separate into two companies — one focusing on streaming and studios businesses, while the second will house its cable TV assets. (Reporting by Kritika Lamba and Meghana Khare in Bengaluru; Editing by Alan Barona)
CNA
09-06-2025
- Business
- CNA
From Time Inc to Discovery: Warner Bros breakup puts spotlight on checkered M&A history
Warner Bros Discovery, home to HBO and CNN, said on Monday it would split into two companies, the latest twist in its decades-long history of high-stakes mergers and breakups. Date Event 1922 Time Inc was founded by Henry Luce and Briton publication that made world affairs accessible to the average reader. The first issue of Time magazine was published in March 1923. 1923 Warner Bros was founded by brothers Harry, Albert, Sam and Jack Warner as a film studio in Hollywood. It revolutionized cinema with the introduction of synchronized sound in films. 1969 Kinney National Company, a conglomerate that later transitioned into media, buys Warner Bros-Seven Arts and later spins off its non-media businesses. 1972 HBO is founded by Charles Dolan with backing from Time. It was the first U.S. subscription-based cable network, offering uncut, commercial-free movies and live sports, pioneering premium cable television. 1990 Time Inc merges with Warner Communications in a $14 billion deal, hailed as a "marriage of content and distribution," creating Time Warner, then the largest media company in the world. 1996 Time Warner merges with Turner Broadcasting, gaining Cartoon Network, CNN, TNT and a vast classic film library. 2000 Time Warner merges with AOL, forming AOL Time Warner, the largest merger in history at the time, aiming to merge traditional and digital media. 2002 AOL Time Warner merger begins to unravel as AOL's value collapses with the launch of an SEC investigation, prompted by allegations of accounting irregularities and inflated revenue reports at AOL. 2003 CEO Steve Case resigns from AOL Time Warner. 2004 Time Warner sells Warner Music to a private equity group led by Edgar Bronfman Jr. for $2.6 billion. 2009 Time Warner fully spins off Time Warner Cable, which had already been partially separated in 2007, ending its role in cable distribution. 2009 Time Warner spins off AOL. 2013 Time Warner spins off Time, its magazine division, which includes Time, People, Fortune and Sports Illustrated, marking its formal exit from publishing. 2016 AT&T announces acquisition of Time Warner for $85 billion. 2018 AT&T completes its acquisition of Time Warner after regulator's approval, renaming it WarnerMedia. 2021 AT&T announced it would spin off WarnerMedia and merge it with Discovery Inc to create a new standalone media company. 2022 WarnerMedia and Discovery complete their merger in a $43 billion deal. 2025 Warner Bros Discovery announces it would separate into two companies — one focusing on streaming and studios businesses, while the second will house its cable TV assets.
