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Time Warner Inc.
Time Warner focuses on its growth strategy for HBO
Time Warner focuses on its growth strategy for HBO

HBO typically needs a wheelbarrow to haul all of the trophies it collects during awards season. Top-tier Hollywood producers, directors and stars, including Martin Scorsese, Steven Soderbergh and Matthew McConaughey, long have been lured by the rich canvas that HBO offers show creators. The premium channel boasts 127 million subscribers around the world, and a $1.8-billion profit last year, making it a reliable cash cow for parent company Time Warner. But these days that might not be enough — Time Warner has unexpectedly found itself defending its HBO strategy. Rupert Murdoch's 21st Century Fox's $80-billion takeover offer this summer for Time Warner prompted Wall...

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