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Wednesday, July 23, 2008
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Time Warner Cable Sued for Deceptive Business Practices

Time Warner Cable Sued for Deceptive Business Practices

The Los Angeles City Attorney's Office filed a lawsuit against Time Warner Cable on Thursday for causing major havoc and distress to Los Angeles residents when it became the city's main TV provider two years ago. The lawsuit claims that Time Warner Cable violated its franchise agreement by engaging in deceptive business practices, false advertising and leading Los Angeles customers to suff... Time Warner Cable Sued for Deceptive Business Practices

Time Warner To Separate Cable Unit

Time Warner To Separate Cable Unit

Time Warner Inc. Chief Executive Jeffrey Bewkes announced the decision in the company's first-quarter earnings report, which showed strength in advertising sales on cable television networks like CNN and TBS, offset by a sharp fall in AOL's revenue.Investors have hoped that the media conglomerate, which owns about 84 percent of Time Warner Cable, could shed more assets to restructure as a ... Time Warner To Separate Cable Unit