Time Magazine 2014 Annual Report Download - page 12

Extending our Global Reach
Time Warner is home to some of the few truly global names in entertainment and
media — Warner Bros., CNN, HBO, and Cartoon Network among them — and
we use our scale advantage to continue to extend our reach across geographic
and technological boundaries.
In 2014, international revenues represented
approximately one-third of Time Warner’s
overall revenues. We continued to emphasize
investments in territories with attractive growth
profiles and, as a result, have a particularly
strong position in Latin America.
Warner Bros. is Time Warner’s biggest inter-
national business, generating approximately
half of its revenues outside the United
States in 2014. Last year, Warner Bros. films
grossed a record $3.2 billion at the
international box oce, making it the only
studio to surpass the $3 billion mark twice.
Warner Bros. licenses its feature film and
television programming to international
television networks and other outlets in more
than 175 countries, appearing in more than
60 languages.
In 2014, Warner Bros. released 29 local-
language films that it either produced
or acquired from other companies. And
with Warner Bros.’ emphasis on tentpole
productions, worldwide hits from 2014
such as The Hobbit: The Battle of the Five
Armies, 300: Rise of an Empire, and Godzilla
generated more box oce revenue abroad
than in the U.S.
In television, the growth of its local-language
production businesses, most recently through
the Eyeworks acquisition, gives Warner
Bros. production capabilities in 16 countries
outside the U.S. as well as a new pipeline
for programming that can be sold all over
the world.
Turner’s broad portfolio of brands and digital
businesses reaches consumers in more than
30 languages in more than 200 countries,
and Turner operates more than 165 channels
globally. It is the largest global multichannel
network provider in Latin America. Turner
recently bolstered that position by acquiring
Esporte Interativo, a Brazilian television
channel that airs sports programming,
including programming from South American
and European soccer leagues, the UEFA
Champions League among them. CNN
International further expanded its footprint in
March 2015 by launching a free-to-air news
channel in the Philippines in partnership with
Nine Media.
And going forward, Turner is building out the
Cartoon Network and Boomerang brands
around the world, including in a new global
programming and consumer products
partnership with Warner Bros.
Among premium television brands, HBO is
the worldwide leader in subscription services,
with premium-pay and basic-tier television
services distributed in more than 60 countries.
HBO also licenses programming in more than
150 countries, including arrangements that are
branded as the “Home of HBO” in markets
such as the UK, Australia, France, Germany,
and Israel, and as “HBO Canada” in Canada.
HBO also has a growing subscriber base at
HBO Nordic, its first OTT oering.
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Ben 10 Ultimate Challenge Asia,
Malaysia The Voice UK CNN Philippines Sr. Ávila, Mexico
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