3 Media Stocks in Focus: Time Warner Holds On to $200 Million, Comcast’s Strong Hispanic Position, and Netflix Still Owns the Stream

Time Warner Inc. (NYSE:TWX): On the heels of the company’s announcement that Jeff Rubinov will be departing, the company has also revealed that it will be holding back on $200 million in further investments in Central European Media Enterprises, of which Time Warner holds a 49.9 percent stake. The Eastern European group has said it plans to use the proceeds from the two deals to repurchase or redeem outstanding debt, which is due in 2016.

TWX