1 posts and columns on capital allocation

Bewkes on Bebo: Well, That Was $850 Million Well Spent … Maybe

in Social on September 18, 2008 at 5:55 am PT

Disciplined capital allocation is a key priority for Time Warner. That said, the company “may have overpaid” for Bebo, the social-networking site it acquired for $850 million cash back in March. So said Time Warner CEO Jeff Bewkes in an interview with Portfolio.