Time Warner Takes a Shot at Netflix


Time Warner: For the past year, executives at big media companies have watched Netflix with growing resentment — for its success in delivering movies and television shows via the Internet, for its stock price nearly quadrupling, for its chief executive being named businessperson of the year by Fortune Magazine.

PHOTOS: Time Warner in pictures

Jeffrey Bewkes, chief of Time Warner, played down the market clout of Netflix.

VIDEOS: Time Warner in videos

Time Warner Inc. Now many of the companies that make the shows and movies that Netflix delivers to mailboxes, co...