TWX is made up of all those except TWC now. TWC makes up 1/3 of all TWX income. TWC went public on its own about 8 months ago. Time Warner feels, taking each entity and working it individully instead on as a whole works out better for them.
Time Warner (TWX), Under pressure from shareholders like Carl Ican, Spun off TWC to add value to the shareholders.
TWX owns about 80% of TWC and has stated it would look to sell some/most of it's 80% over time .... as it doesn't see cable as the future. This statement was one of the main causes of the drop in TWC's price after the IPO. TWX, mind you, who made the dumbest business move EVER by overpaying for AOL and continues to poor money into it, sees TWC as a sell. Good for them. I only ever owned TWX for the cable business anyway.
hmmm.. first, AOL purchased TW with a bunch of worthless stock. TWX will sell TWC by using its stock to purchase other cable compaines. TWC wants to get as large or larger then Comcast. Its all about the scale of economics, cuting expense, reducing programing cost, etc, etc, etc. I sold my TW and purchased shares in the cable companies that TWC will most likely make a deal with.
TWX owns the majority of TWC. When Adelphia Cable went belly-up, TWX and Comcast divided the customers of Adelphia. Part of TWX's purchase agreement was that the holders of Adelphia would get cable shares of TWX; therefore, they did an IPO of the cable operation around March 2007.
There's also a stock TWTC, which stands for Time-Warner Telecom. I'm not sure what it's relationship is with TWC since TWC offers VoIP (voice over internet).
You know what I am confused I am a Adelphia share holder and I still did not get my stock options from TWC I bought this stock over 3 years ago. My stock only shows its in ESCROW ADELPHIA CLASS A and also ADELPHIA CONTINGENT CLASS A what does that make to be. Am I ever going to see my shares. I thought Adelphia Timewarner Comcast agreed to the shares of TWC.