Time Warner's Bewkes speaking a little clearer now

BY SDH During his first earnings call as Time Warner CEO, Jeff Bewkes didn't meet expectations as far as what many on the call was hoping the lankly banker turned media heavy would reveal about his plans. When the call was done, all we knew was that he was indeed the new CEO, AOL will look to sell off their sleepy dial up business, even though we can't imagine who would want to buy it, and he was leaving Time Inc as is. But now as he warms to the new gig, Bewkes is spitting out more as he starts to see the big picture more clearly. During the recent Bear Stearns media conference, Bewkes teased the audience with his AOL hopes and plans, only saying that he was open to slapping the troubled internet unit with another company, a clear hint to Yahoo! that they can come knocking. But Bewkes's other revelations only further boosted what others have been saying for some time now like spinning off Cable. However Bewkes continues in his mistake of not trimming up Time Inc. Jeff Bewkes must change his position on the magazine publisher or it will get worst.