Time Warner, Hurt by Internet, Film, May Post Profit on Cable

I think that Time Warner is lost already if they're depending on cable for profits. Cable is dead because the distribution is changing. Look at the makers of the Diet Coke and Mentos film, who recently made $35,000 on the advertising profits from this short film. Peole are flocking to online video. Sure, we still have to learn how to pay for it, but we are getting there.

Time Warner Inc., struggling to revive its film and Internet units, probably managed an increase in third-quarter profit on cable television ...

Link: Time Warner, Hurt by Internet, Film, May Post Profit on Cable