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Time Warner chief Jeff Bewkes rules out HBO spin-off
Time Warner chief Jeff Bewkes rules out HBO spin-off

Some on Wall Street have been urging Time Warner to spin off its crown jewel -- HBO -- into a separate company. But Jeff Bewkes, chief executive of Time Warner, said he had no intention of hiving off HBO. "We are not going to do that," Bewkes said Wednesday during the 23rd annual Goldman Sachs Communacopia Conference in New York.  Bewkes also said he wasn't interested in a partial IPO or setting up a tracking stock for investors who wanted to own a piece of the premium pay channel. Instead, Bewkes said, he was more focused on having the company's three business units -- HBO, Turner Broadcasting and Warner Bros. in Burbank -- work together. Setting up a...

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