Time Warner Inc. announced Q4 & Full-Year 2008 earnings

NEW YORK — Time Warner Inc. (NYSE:TWX) today reported financial results for its full year and fourth quarter ended December 31, 2008.

CABLE (Time Warner Cable)

Revenue generating units (“RGUs”) totaled 34.2 million as of December 31, 2008 – reflecting net additions of 175,000 during the fourth quarter. Customer relationships were 14.6 million, and Triple play subscribers reached 3.1 million (or 21% of total customer relationships), benefiting from 110,000 net additions during the fourth quarter.

Subscriber Data (in thousands):

                                            Net
                                      Additions    Acquisitions
                            9/30/08  (Declines)  (Dispositions)  12/31/08
                            -------  ----------  --------------  --------
Homes passed                26,830         207            (271)   26,766
Basic video subscribers     13,266        (119)            (78)   13,069
Digital video subscribers    8,607          44             (24)    8,627

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