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BEWKES TO SHAKE UP TIME WARNER Thursday, February 7 2008 
In
his
first
major
conference
with
analysts
since
taking
over
as
CEO
of
Time
Warner
in
December,
Jeffrey
Bewkes
indicated
Wednesday
that
he
is
considering
splitting
off
Time
Warner
Cable
to
shareholders,
carving
AOL
into
two
parts
--
and
selling
off
one
of
the
parts,
and
shutting
down
New
Line
Cinema.
He
said
that
he
plans
to
separate
"AOL's
access
and
audiences
business,"
presumably
meaning
that
under
his
plan
the
AOL
portal
would
become
one
(more)GOLDEN PARACHUTES FOR NEW LINE FOUNDERS? Tuesday, January 22 2008 
Following
a
planned
meeting
this
week
with
new
Time
Warner
Chairman
Jeff
Bewkes,
New
Line
Cinema
founders
Bob
Shaye
and
Michael
Lynne
are
expected
to
be
terminated
and
New
Line's
projects,
including
The
Hobbit,
folded
into
Warner
Bros.,
L.A.
Weekly
columnist
Nikki
Finke
reported
on
her
Deadline
Hollywood
Daily
blog
Monday,
citing
no
sources.
With
the
exception
of
last
year's
Hairspray,
New
Line
has
had
a
nearly
uninterrupted
string
of
financial
failures
since
its
Lord
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