It turns out that entertainment is quite a serious business, and if you don’t believe us, just ask the people over at Time Warner, who rule over an entertainment empire covering anything from comic books through television all the way to grand scale movies, with revenue approaching $30 billion, a net income of nearly $4 billion and over 25,000 employees and investment in Time warner binary options trading can lead to very real profits, unlike those you see in movies.
The roots of Time Warner are nearly a century old, as Time magazine was first published in 1923, and was the first weekly news magazine in the US, while 1927 brought about the release of the very first “talkie” or talking movie by Warner Brothers, which was one of the biggest movie studios at that time.
While both companies continued expansion at varying paces they each took hold on a variety of areas, Warner Brothers expanded to television with the 1975 launch of HBO – the first network to use satellite broadcasting (the first time it did so was the infamous 1975 match between Ali & Frazier, dubbed “the thrilla in manila”) and later to networks such as Nickelodeon, MTV and CNN, it also served to revolutionize the TV business with its “superstation” concept where a single station would broadcast its content to affiliates in other locations across the country.
Warner also continued to produce movies, also acquiring in the process a few comic book companies, most notably DC, which allowed Warner to later produce movies based on some of the best known characters from the DC universe.
The merger of the two companies was announced in early 1989 but did not take effect until early 1990 due to legal battles waged about it.
Advances and purchases followed throughout the 90’s, anything from amusement parks (six flags) to other TV stations, but the biggest, and perhaps worst did not take place until 1999 and into 2000-2001.
The mid-90’s explosion of the internet caused the quick ascension of many tech based companies; one of those premier services at the time was AOL which was not only an internet service provider but also owned multiple sites and web based companies, most of which required some sort of subscription fee, AOL gained massive popularity in a very small time frame, and used that popularity to begin the purchase of Time Warner, however, the bursting of the Internet bubble in 2001-2002 left AOL share prices hitting the bottom of the barrel, and following a particularly awful earnings report for the 2002 financial year (the company had lost nearly $100 billion, the largest loss reported by any company at that time.) crashing down from a total worth of $226 billion to $20 billion.
The AOL crash caused massive shifts in the corporate structure of AOL-Time Warner and eventually resulted in AOL being absorbed into Time Warner as one of its subsidiary divisions, and the AOL name stricken from the company title.
Time warner currently has 3 main divisions that share various aspects of its portfolio – HBO which also has its sister service Cinemax are two of the biggest premium cable services on the planet, Turner broadcasting is home to CNN and many other cable stations as well as coverage of multiple sports and Warner Brothers produces a variety of TV shows and movies each year.
With such a massive presence in entertainment, with all its aspects, an investment in Time Warner binary options is not imaginary, but what should one be on the lookout for?
Time Warner has long had a reputation for having a quick trigger finger when it comes to reactions to bad bottom lines, TV shows are cut off if ratings are not satisfactory, and movie budgets are often cut or sometimes scrapped all together if their outlook is not positive, massive firings have also been known to take place on occasion because of poor financial outlook, so make sure you keep an eye out on Time warner’s bottom line.
If you manage to invest smartly in Time Warner binary options your future profits might not be a major movie production, but you can certainly afford a few more months of that HBO subscription…