Time Warner

Did you know that Time Warner controls major networks like HBO, TBS, TNT, Cinemax, CW, and CNN. They are also in film studios like New Line Cinema and Warner Brothers, as well as operating People magazine, Sports Illustrated, and Time. HBO alone allows Time Warner to reserve about 70% of their cash flow. The box office projections for 2013 between their film production companies are about $1.4 billion monthly sales. Time Warner is on top of their game. They have been surpassing their competition for years. They have defeated industry standards by over 7%.

This weekend’s Warner Bros. big blockbuster Gravity opened this past Thursday night.  As it stands it’s projected to bring in almost $50 million, and there’s already talks of Oscar nominations. The movie is about space isolation, and was about $100 million to make. It’s lonely out in space with Gravity crushing it’s competition, but I’m sure that makes the people over at Warner Bros. / Time Warner happy. Hey, even Roger Ebert gives it four stars.

Just a few days ago there was a deal agreement with Warner Brothers and RatPac-Dune Entertainment. The deal consists of financial backing for Warner Bros for as many as 75 films over the course of four or so years.  RatPac will not have any creative involvement. There haven’t been any confirmed financial details as of yet; however, RatPac-Dune Entertainment has committed approximately $450 million according to anonymous person who was given the rundown of the meeting. Legendary Entertainment as stated back earlier in the summer they are going through with it’s move to Universal Studios. 

I am excited for the RatPac-Dune deal with Warner Bros.. As a huge fan of Time Warner's Warner Bros. and New Line Cinema. I look forward to their 75 movie deal.