Full Transcript of Time Warner’s 3Q05 Conference Call — Prepared Remarks (TWX)

Here’s the entire text of the prepared remarks from Time Warner’s (ticker: TWX) Q3 2005 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.

Executives:

Jim Burtson, Vice President
Dick Parsons, Chairman and Chief Executive Officer
Wayne Pace, Chief Financial Officer
Don Logan, Chairman Media & Communications Group
Jeff Bewkes, Chairman Entertainment & Networks Group

Analysts:

Vijay Jayant, Lehman Brothers
Spencer Wang, J.P. Morgan
Kathy Styponia, Prudential Equity Group
Anthony Noto, Goldman Sachs
William Drewry, Credit Suisse First Boston
Doug Michelson, Deutsche Bank
Jessica Reif-Cohen, Merrill Lynch
Richard Greenfield, Fulcrum Global Partners
Ray Katz, Bear Stearns
Michael Nathanson, Sanford Bernstein

Presentation

Operator

Hello and welcome to the Time Warner Third Quarter 2005 Earnings Call. At this time all participants are in a listen-only mode. During the question and answer session please press “*