Time Magazine 2009 Annual Report Download - page 16

Download and view the complete annual report

Please find page 16 of the 2009 Time Magazine annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 154

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154

Major League Baseball to produce and telecast a certain number of regular season and playoff games on TBS
through the 2013 season. In addition, Turner has rights to produce and telecast certain NASCAR Sprint Cup Series
races through 2014 and certain Professional Golfers’ Association (“PGA”) events through 2019.
Turner’s entertainment and news networks are also distributed outside the U.S. to multiple distribution
platforms. Turner distributes approximately 87 region-specific versions and local-language feeds of Cartoon
Network, Boomerang, Turner Classic Movies, TNT and other entertainment networks in approximately 180
countries around the world. Turner distributes Space, Infinito, I-Sat, Fashion TV, HTVand Much Music primarily in
Latin America. In addition, Turner has the sales representation rights for nine networks operating principally in
Latin America that are owned by third parties. In India and certain other South Asian territories, it distributes Pogo,
an entertainment network for children. Turner India also distributes HBO in India and the Maldives. In March 2009,
Turner, together with Warner Bros., launched WB, an English language entertainment channel in India that features
programming licensed from Warner Bros. CNN International, an English language news network, was distributed in
more than 190 countries and territories as of the end of 2009 and has network feeds in five separate regions: Europe/
Middle East/Africa, Asia Pacific, South Asia, Latin America and North America. HLN is distributed in Canada, the
Caribbean, parts of Latin America and the Asia Pacific region. CNN en Espanol, a separate Spanish language news
network, is distributed primarily in Latin America.
In January 2009, Turner launched TNT Serie, a German language version of TNT, in Germany. In April 2009,
Turner launched BOING in Spain as a block of kids programming on an existing network, and it launched truTV in
Latin America as an English language channel with Spanish and Portuguese subtitles. In September 2009, a local
language truTV branded block was launched with an Italian broadcaster. Turner also has launched local-language
versions of its channels through joint ventures with local partners in a number of regions, and has interests in a
Mandarin language general entertainment service in China.
In August 2009, Turner acquired Japan Image Communications Co., Ltd., a Japanese pay television business,
and, in February 2010, it acquired a majority stake in NDTV Imagine Limited, which owns a Hindi general
entertainment channel in India.
Turner also operates various websites that generate revenues primarily from commercial advertising. CNN has
multiple websites, including CNN.com and several localized editions that operate in Turner’s international markets.
Turner operates the NASCAR websites NASCAR.com and NASCAR.com en Espanol under an agreement with
NASCAR that runs through 2014, and the PGAs and PGA Tour’s websites, PGA.com and PGATour.com,
respectively, under agreements with the PGA and the PGA Tour that run through 2019. In addition, Turner
operates NBA.com under an agreement with the NBA that runs through 2016. Turner also operates
CartoonNetwork.com, as well as 45 international websites affiliated with the regional children’s services feeds.
In 2010, Turner intends to continue to partner with affiliates on trials and commercials launches of online and on
demand access to Turner’s content through services provided by such affiliates in accordance with the broad
principles established by the initiative to deliver TV Everywhere.
HBO, operated by Home Box Office, is the nation’s most widely distributed premium pay television service.
Including HBO’s sister service, Cinemax, the Home Box Office Services had approximately 41 million domestic
subscriptions as of December 31, 2009. Home Box Office also offers HBO and Cinemax On Demand, subscription
products that enable digital cable and telephone company customers who subscribe to the HBO and Cinemax
services to view programs at the time they choose. In 2009, Home Box Office also began limited tests of HBO and
Cinemax on demand subscription products delivered by means of broadband networks, which it intends to expand
and make available to subscribers of the HBO and Cinemax services via certain of HBO’s affiliates in 2010.
A major portion of the programming on HBO and Cinemax consists of recently released, uncut and uncensored
theatrical motion pictures. Home Box Office’s practice has been to negotiate licensing agreements of varying
duration with major motion picture studios and independent producers and distributors in order to ensure continued
access to such films. HBO is also defined by its award-winning original dramatic and comedy series, such as True
Blood,The Sopranos, Entourage and Curb Your Enthusiasm, as well as movies, mini-series, boxing matches and
sports news programs, comedy specials, family programming and documentaries.
4