their still financially struggling
1. As a grammar Nazi, you're using the wrong form of "they're," a conjunction of they and are. The form of their you're using refers to the plural form of possession of the word they.
2. Again, you're wrong. While cord cutting is a serious problem that cable has to deal with, HBO is still extremely profitable for Time Warner. Subscriptions for HBO have remained steady in recent years and has made $4.9 billion in revenue and $1.7 billion in profit in 2013. For Q2 2014, HBO's revenue increased 17%. HBO has benefited greatly from premium television shows such as Game of Thrones, Boardwalk Empire, Real Time with Bill Maher, Girls, etc.
3. As a whole, Time Warner is not struggling. As I have previously mentioned CEO Jeff Bewkes has focused increasing Time Warner's value for investors, focused on three very profitable divisions (Warner Bros. Entertainment, Turner Broadcasting System, and HBO), shedding away assets that were incompatible with Time Warner's current culture (AOL, Time Inc., Time Warner Cable), he has lowered Time Warner's debt by giving it to other companies, and has not burdened the company with debt by taking on acquisitions that are ripe for the taking like DreamWorks Animation and MGM. But most of all, Time Warner is profitable.
Now while I think Bewkes deserves criticism for not thinking outside the box and not being aggressive enough, I think that he should have acquired companies like DreamWorks Animation, MGM, and THQ. I think that while AOL needed to go, I think that if Bewkes reorganized his company a bit assets such as Warner Music Group, the Time Warner Book Group, Time Inc., and Time Warner Cable could have really complemented Time Warner. I believe that Bewkes' Time Warner is allowing certain assets such as DC Entertainment to squander. And he's trimmed down Time Warner so much to the point where it is now a natural acquisition target. But the days of AOL Time Warner are gone and it is a company with strong fundamentals.
