lds as reported by Nielsen. As of December 31, 2015, CNN managed 41 news bureaus and editorial operations, 30 of which are located outside the U.S. Turner is focused on maintaining CNN’s leadership in worldwide breaking-news and political coverage while continuing to broaden the scope of its programming. CNN’s original programming for the 2015-2016 season includes Anthony Bourdain: Parts Unknown; Death Row Stories; Inside Man, hosted by documentary filmmaker Morgan Spurlock; This is Life with Lisa Ling and The Wonder List with Bill Weir. CNN plans to increase the amount of original programming on CNN over time. For the 2015-2016 season, CNN’s other programs include Anderson Cooper 360o, New Day and The Situation Room. CNN is also focused on expanding its digital presence by developing mobile products, increasing the amount of original short form video content it offers online and growing its online political news presence. In 2015, CNN launched Great Big Story and in 2014, CNN launched CNNGo, which allows subscribers to watch CNN’s news and original programming live and on demand. Internationally, CNN reaches approximately 300 million households outside the U.S. as of December 31, 2015. CNN Worldwide is a portfolio of approximately 20 news and information services across cable, satellite, radio, wireless devices and the Internet in approximately 200 countries as of December 31, 2015. CNN Worldwide’s networks and businesses include CNN U.S., CNN International, CNN en Español, CNNj, CNN.com, CNN Airport Network, CNN Radio, CNN Newsource and HLN. HLN HLN is a CNN Worldwide network that focuses on news, information, videos and talk shows. For the 2015-2016 season, HLN’s programs include The Daily Share, Dr. Drew, Morning Express with Robin Meade and Nancy Grace. How Turner Generates Revenues Turner generates revenues principally from providing programming to affiliates that have contracted to receive and distribute the programming to subscribers, the sale of advertising on its networks and the digital properties it owns or manages for other companies, and the license of its original programming to SVOD and other OTT services and its brands and characters for consumer products. Turner’s advertising revenues are generated from a wide variety of advertiser categories, and the advertising arrangements for its networks generally have terms of one year or less. In the U.S., the advertising revenues generated by Turner are a function of the size and demographics of the audience delivered, the number of units of time sold and the price per unit. Turner sells some of its advertising inventory in the upfront market in advance each year and other inventory in the scatter market closer to the time a program airs. Outside the U.S., advertising is generally sold at a fixed rate for the unit of time sold, determined by the time of day and network. Home Box Office Home Box Office owns and operates multichannel premium pay television services, HBO and Cinemax. Its businesses consist principally of premium pay television services and the HBO NOW streaming service domestically and premium pay, basic tier television and streaming services internationally, as well as home entertainment and content licensing. Home Box Office offers programming, and it continues to invest in a roster of programming to enhance the appeal of its products and services. Home Box Office is also expanding the scope of its programming to appeal to viewers who are watching programming on demand on non-traditional platforms and devices. Home Box Office provides consumers with access to its programming when and where they choose and on various devices and platforms through Home Box Office’s on-demand products, HBO On Demand and Cinemax On Demand; its HBO GO and MAX GO streaming video-on-demand platforms; HBO NOW, Home Box Office’s domestic streaming service, which launched in April 2015; and its international streaming services. Home Box Office’s on demand products and platforms enhance the value of its premium pay television services to consumers and affiliates, and the launch of HBO NOW enables Home Box Office to reach households that do not subscri
time warner inc (TWX:New York)
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