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Media Slowdown Catches Up With Time Warner (TWX)

247Wallst | Wed, 04/29/2009 - 3:25pm | advertising dollars slipping, media recession, Time Warner, TWX |  4 comments

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The advertising recession caught up with Time Warner (TWX) in the first quarter. Revenues declined 7% from 2008 to $6.9 billion, due mainly to decreases at the AOL, Publishing and Filmed Entertainment segments, offset partially by an increase at the Networks segment. The company’s net income
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