Time Warner to be called WarnerMedia – report

Freitag, 15. Juni 2018 21:56

Turner Broadcasting System Inc.'s chief executive John Martin will step down and Time Warner Inc. will change its name to WarnerMedia, news outlets in the United States reported on Friday, quoting an internal memorandum signed by John Stankey. The new head of the company, which was yesterday halted on the New York Stock Exchange as its merger with AT&T closed, called the past process "unusually long and bumpy."

In the message, he asserted many people "never learned to distinguish" between Time Warner and Time Warner Cable, which was purchased by Charter Communications two years ago. Stankey cited results of consumer research and claimed the change is "easier and more economical... naming convention."

Related Links: AT&T Inc.Time Warner Inc.Charter Communications Inc.
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