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Now the company's most valuable assets are its TV networks
-- including TBS, TNT and HBO -- movie and TV studio Warner Bros. and the Time Inc. family of magazines. Before becoming CEO, Bewkes was Time Warner's president and chief operating officer for two years. He was chairman of the entertainment and networks group from July 2002 to December 2005. He was also chairman and CEO of premium pay-TV channel HBO from May 1995 to July 2002. Time Warner shares rose 35 cents to close at $45.63. The stock is up about 26 percent so far this year.
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