JeffBewkes
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Time Warner CEO hopes Apple builds a television
If Apple ever decides to actually sell a branded HDTV, there's at least one person who will be waiting in line to buy one the first day -- Time Warner CEO Jeff Bewkes. At the Business Insider IGNITION conference yesterday, Bewkes commented that he thinks "Apple is a great device company." Bewkes believes that Apple can do with televisions what they've done with other device categories -- create differentiation. He believes that Apple can solve one of the biggest issues with television right now, that of trying to navigate through hundreds of cable channels. Cable companies, and the current suppliers of set top boxes, still haven't found a consistently simple way for subscribers to make sense of the boggling choice of channels, shows and time-shifting through DVRs. Bewkes is a realist, though -- he believes that other companies will enter the space along with Apple and that we'll see "as many interfaces as you can get."
Time Warner CEO talks HBO Go expansion, first UltraViolet digital locker-enabled movies
The second quarter 2011 results for Time Warner came out today and while news of a successful quarter intrigues investors, we're keying in on the always chatty CEO Jeff Bewkes' comments about new technology including HBO Go, UltraViolet and even Netflix. After a successful launch for HBO Go on mobile devices with more than four million downloads, it will expand to Brazil and Mexico by the end of the year and Asia next year while also streaming to more connected TVs and game consoles. Another platform getting some love is the long awaited "digital locker" UltraViolet (Listen to our podcast with the man in charge for more background), which will be included on the Blu-ray releases of Green Lantern and Horrible Bosses later this year and fully integrated with recent purchase Flixster; we'll finally find out if buy once, play anywhere is really as good as it sounds. Oh, and that Albanian army Netflix? Bewkes may be warming up to it -- and the impressive profits posted by CBS after its new streaming deals -- so while HBO is probably still off of the table for streaming there may be other TV content from its library on the way in return for a fat licensing check.
CE Oh no he didn't!: Time Warner chief likens Netflix threat to Albanian army
Think the relationship between Netflix and cable and content executives is amicable? Not. Even. Close. Certainly not after Netflix CEO Reed Hastings blazed a trail into the living room on the strength of the company's streaming television and movie content originally made possible by a shrewd 2008 deal with Starz. A move that netted streaming access rights to Sony and Disney content for an estimated $25 million -- next to nothing compared to the traditional licensing fees charged to cable operators. That deal is set to expire in 2011 and could cost Netflix as much as $250 million a year to renew. Time Warner CEO Jeff Bewkes thinks that Netflix's days at the top are numbered having been made possible by an era of experimentation that's now ending. "It's a little bit like, is the Albanian army going to take over the world?" said Bewkes, "I don't think so." According to the New York Times, the comments were made last week as UBS sponsored a media conference in New York that it says turned into a "platform for executives to express their grievances and emphasize that they will now aggressively try to tilt the economic balance between Netflix and content creators back toward the media conglomerates." Wow. Don't worry though Netflix subscribers, we're sure that the implied collusion is the good kind.
Time Warner CEO Jeff Bewkes says Apple's 99-cent rental model threatens sales
Well, this isn't going to be surprising to many, but certain executives of certain big studios and networks aren't wasting anytime letting everybody know what they think of Apple's new 99-cent rental model for the Apple TV. If you've read our review of the tiny new iOS device, you're already aware that one of Apple's biggest challenges with the product is getting the content providers on board for such a reduced price -- so far, the company's managed to pull in ABC, Disney, Fox, and the BBC -- but Jobs has said that studios will quickly "see the light" and join up. Time Warner CEO Jeff Bewkes seems to disagree, however. "How can you justify renting your first-run TV shows individually for 99 cents an episode and thereby jeopardize the sale of the same shows as a series to branded networks that pay hundreds of millions of dollars and make those shows available to loyal viewers for free?" Bewkes recently asked, joining the now growing chorus of executives to decry the new scheme. Jeff Zucker recently said he thought Apple's 99-cent rentals "devalue" the content, while Viacom CEO Philippe Dauman said the rental model was "not good."
Time Warner CEO hints at tying print, tablet magazine subscriptions together
We'd already heard that Time Warner was looking to offer magazine subscriptions on the iPad (and running into some difficulty doing so), and it now looks like it might have some even grander plans. As hinted at by Time Warner CEO Jeff Bewkes in an earnings call earlier today, the company is apparently looking at extending its TV Everywhere concept to magazines, which would give customers that subscribe to the print editions of Time, Sports Illustrated and other publications access to the digital version as well. Of course, Bewkes didn't offer any indication as to exactly when that might happen, but he did say that the "key to it all" is to give subscribers access to content "over all broadband devices as soon as possible," which is certainly promising.
