Time Magazine 2010 Annual Report Download - page 17

Millennium Media Group, a Sweden-based channel operator with niche television channels targeting Scandinavia,
the Baltics, Benelux and Africa. In October 2010, Turner acquired Chilevisión, a television broadcaster in Chile.
Also in October 2010, Turner launched Cartoon Network in Arabic in Saudi Arabia. In recent years, Turner has also
expanded its presence in Germany, Japan, Korea, Turkey and the United Arab Emirates.
Turner operates various websites, including (i) the NASCAR websites NASCAR.com and NASCAR.com en
Español; (ii) the websites of the PGA and PGA Tour, PGA.com and PGATour.com; (iii) CartoonNetwork.com,as
well as 61 international websites affiliated with the regional children’s services feeds; (iv) pursuant to a strategic
digital partnership with Time Inc., the SI.com and Golf.com websites; and (v) multiple CNN websites, including
CNN.com and several localized editions that operate in Turner’s international markets. In addition, Turner and the
NBA jointly manage a portfolio of the NBA’s digital businesses, including NBA.com. Turner also manages and
operates the NCAA’s digital portfolio, including NCAA.com. Turner publishes several Apps in Apple Inc.’s iTunes
App Store and Google Inc.’s Android Market App Store, including CNN Mobile and the CNN App for iPad and
truTV Mobile.
Turner ended 2010 with TV Everywhere versions of its networks available to four of its largest affiliates. In
2011, Turner intends to continue to partner with affiliates on initiatives to allow subscribers to watch Turner’s
content on demand and on multiple devices.
HBO, operated by Home Box Office, is the nation’s most widely distributed premium pay television service. At
December 31, 2010, Home Box Office had over 81 million worldwide subscribers, which consisted of
approximately 39.4 million domestic premium pay subscribers and approximately 42.5 million premium pay
and basic cable subscribers in HBO Central Europe and unconsolidated international joint ventures. Home Box
Office also offers HBO and Cinemax On Demand, subscription products that enable Subscribers to view programs
at the time they choose.
In 2010, Home Box Office continued to expand the on demand broadband offerings of HBO and Cinemax by
rolling out HBO GO and MAX GO with certain affiliates. These offerings provide Subscribers with online access to
a wide variety of HBO and Cinemax content from any U.S. location with a broadband connection. Home Box Office
expects to launch HBO GO and MAX GO with a number of additional affiliates in 2011.
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, Boardwalk Empire,Entourage, and Curb Your Enthusiasm, as well as movies, mini-series, boxing matches
and sports news programs, comedy specials, family programming and documentaries.
Home Box Office also generates revenues from the exploitation of its original programming through multiple
distribution outlets. HBO Home Entertainment markets a variety of HBO’s original programming on DVD and Blu-
ray Discs. Home Box Office licenses its original series to basic cable channels and in syndication. Home Box Office
content is also distributed by Apple Inc., Amazon and Sony PlayStation through their respective online stores in the
U.S. and various international regions, as well as on various mobile telephone platforms.
HBO- and Cinemax-branded premium pay and basic cable services are distributed in more than 50 countries in
Latin America, Asia and Central Europe, primarily through various joint ventures. In the first quarter of 2010, Home
Box Office acquired the remainder of its partners’ interests in HBO Central Europe and purchased an additional
21% equity interest in HBO Latin America Group, consisting of HBO Brasil, HBO Olé and HBO Latin America
Production Services (collectively, “HBO LAG”), bringing its interest in HBO LAG to 80%. In addition, Home Box
Office acquired an additional 8% equity interest in HBO LAG in March 2011. In recent years, Home Box Office
also has acquired additional equity interests in HBO Asia, HBO South Asia and HBO LAG.
Launched at the beginning of the Fall 2006 broadcast season, The CW broadcast network is a 50-50 joint
venture between Warner Bros. and CBS Corporation. The CW’s schedule includes, among other things, a 5-night,
10-hour primetime lineup with programming such as Gossip Girl,90210,One Tree Hill,America’s Next Top Model,
The Vampire Diaries,Nikita,Hellcats,Smallville and Supernatural, as well as a five-hour block of animated
children’s programming on Saturday mornings.
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