HBO created its own network online and in order to subscribe you have to have the original TV network Industries merge conglomerate iTunes started by delivering music and was seen as the savoir of music iTunes now also distributes movies Most profitable areas in converged media conglomerates 30 of Time Warner s revenue is cable It is also expensive Film is rising as one of their profit centers and isn t as costly They concluded they don t need a broadcast net like ABC but they thought about it AOL bought Time Warner in 2000 It is being ditched by TW Magazines are having a hard time Magazines use iPad s now as a revenue for their business
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