Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Watch Live

National

Time Warner to Pay $300 Million on Revenue Charges

Time Warner, Inc. has agreed to pay $300 million to settle charges that it inflated revenues at AOL to make its books look better.

Time Warner announced last December that it would pay $210 million to settle criminal charges. There was no admission of wrongdoing in the settlement. The company also faces more than 40 shareholder lawsuits. NPR's Jack Speer reports.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

Advertisement

Fact-based local news is essential

KPBS keeps you informed with local stories you need to know about — with no paywall. Our news is free for everyone because people like you help fund it.

Support local independent journalism now.