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Warner Music Group's decision on whether to counter bid for British rival EMI Group has become a tortuously long one, as the No. 4 player grapples with exposing itself further to recorded music amid a faster-than-expected decline in the industry.

Rupert Murdoch, who is pursuing a $5 billion bid for Dow Jones & Co., will be the center of attention when the world's biggest media chiefs gather this week at the 25th annual Allen & Co. conference in Sun Valley, Idaho.

Time Warner Cable officially became public company Tuesday, with shares of the new company expected to begin trading as early as March 1.

Time Warner Inc. (NYSE: TWX) is getting out of the baseball business and, as of Tuesday, the Atlanta Braves' new owner is Liberty Media Corp (NASDAQ: LCAPA), according to reports.

Warner Bros. Entertainment Inc. announced it will make an investment in the parent company of game publisher Eidos Interactive on Friday, expanding its reach beyond television and movies, and into home gaming.

AOL announced on Monday that its parental control features typically found in its online subscriber suite will now be available for free to all users.

AOL Chief Executive Jonathan Miller said on Wednesday that he expects Internet video-sharing Web site YouTube.com to overcome its business and piracy issues, and be acquired by a larger media company.

Time Warner has announced that it has cut another AOL division, saying on Thursday that it has finalized an agreement to hand over AOL France to internet portal, Neuf Cegetel.

The online arm of Time Warner introduced a new service on Thursday allowing users to create a fully customizable email address, including the domain name.

The online unit of Time Warner, AOL, announced that it will offer NBC programs on its website days before they are aired on television.

An increasing number of television viewers are producing their own shows, and the TV industry is frantically trying to figure out how to combine broadcasts, Internet movies and home videos into one package.

Amazon.com on Thursday unveiled a widely anticipated Internet service offering movies and TV shows that can be downloaded to personal computers

Time Warner Inc.'s AOL said on Thursday it will offer movies from four major Hollywood studios for downloading on its new Internet video service.

AOL's chief technology officer has resigned from the company, according to an internal company memorandum.

Carl Icahn is planning to increase his stake in Time Warner Inc through a new fund he is developing, the New York Times reported on Thursday, citing a letter the billionaire sent to investors.

AOL announced on Wednesday that it would acquire leading independent video game publication Gamedaily for an undisclosed amount.

On Monday Time Warner's AOL acquired Userplane, a developer of chat and instant-messaging software aiming to enhance its existing chat networks.

After years of lackluster results, AOL is refocusing. Instead of pursuing new subscribers, it will focus on online advertising to grow in a highly competitive market.

Time Warner's internet arm, AOL, formerly America Online, released details of Internet searches performed on its systems over a period of three months by hundreds of thousands of its subscribers, but later apologized.

AOL, the online division of AOL, said on Thursday that it will cut nearly 5000 jobs over the course of the next six months in efforts to restructure.

Time Warner, the world's largest media company, released its second quarter earnings on Wednesday, highlighting rapid revenue growth in its cable and network segments.

In a bid to boost its subscriber base, AOL, part of the Time Warner media conglomerate, announced today that it will be offering its services, such as e-mail and anti-spam software, for

Time Warner Inc. on Wednesday said its AOL unit will no longer charge high-speed Internet users for e-mail and other Web services in a gambit to attract more viewers and boost online advertising.

AOL plans to announce on Monday it will test launch a new Internet video service in an attempt to demonstrate how much it has learned from mistakes that cost the once reigning king of the online world its leading position.

Warner Bros. Home Entertainment Group on Tuesday became the latest division of a major Hollywood studio to offer television shows, including the hit sitcom Friends, for sale on Apple Computer Inc's iTunes Web site.

Time Warner Inc. estimates its AOL division would lose almost $1 billion in operating profit through 2009 under a plan to offer the unit's services free to some customers, The Wall Street Journal said on Tuesday.

Time Warner Inc.'s AOL unit may offer its full menu of services, including e-mail, free of charge to anyone with a high-speed Internet connection, The Wall Street Journal said on Thursday, citing people familiar with the matter.

Time Warner announced on Friday that it has completely acquired the Courtroom Television Network LLC, buying out Liberty Networks 50% stake for $735 million.

Time Warner Cable is in early discussions to create an auction system for advertising spots on video-on-demand channels, modeled after Google's AdSense system on the Internet, the company's CEO said.