Time Warner Cable to Pay $10.9 Bil in Split

May 21, 2008  •  Post A Comment

Time Warner Cable, in a deal that will sever it from Time Warner Inc., will pay a dividend of $10.9 billion, including $9.25 billion to the parent company, TVWeek reports. Time Warner CEO Jeff Bewkes said the split leaves the parent company with more streamlined content-creation businesses. Time Warner Cable CEO Glenn Britt said the separation will let the cable operator focus on being more competitive in its field.
–Danny King


  1. You guys can’t even spell a simple word like “Bill” in a headline?

  2. haha– wow Phil. That would refer to “billion” not “bill”

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