Pursuits
Time Warner to Start Premium Video-On-Demand Service
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Time Warner Inc., owner of the Warner Bros. film studio, is near agreements with television distributors to make movies available on-demand for viewing at home soon after they run in theaters.
Time Warner expects to start the so-called premium service in the second quarter, Chief Executive Officer Jeff Bewkes said today on an earnings conference call. The company is close to agreements on the pricing and timing after theatrical release.