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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Time Warner Inc. New | NYSE:TWX | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 98.91 | 0.00 | 01:00:00 |
Time Warner Inc. Chief Executive Jeff Bewkes received compensation valued at $32.9 million in 2014, up 1.2% from $32.5 million in the year before.
Mr. Bewkes' base salary of $2 million remained unchanged from 2013. However, his stock awards decreased slightly to $8 million from $8.2 million, and the value of his pension benefits increased by $245,560 compared with the year before.
The media company--which owns the Warner Bros. Entertainment, Home Box Office and Turner Broadcasting cable businesses--posted a sales decline in its recent quarter. It has been cutting costs through large staff reductions across its businesses. But it is also pursuing new growth initiatives, including plans to launch a stand-alone streaming version of HBO that will be available to those that aren't pay-TV subscribers later this year.
Shares of Time Warner have been up about 6.4% this year through Thursday's close.
Write to Angela Chen at angela.chen@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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