SEC Filings

424B5
TURNER BROADCASTING SYSTEM INC filed this Form 424B5 on 11/30/2016
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Table of Contents

STATEMENTS REGARDING FORWARD-LOOKING INFORMATION

The SEC encourages companies to disclose forward-looking information so that investors can better understand a company’s future prospects and make informed investment decisions. This prospectus contains such “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, which we refer to in this prospectus as the “Securities Act,” and Section 21E of the Exchange Act. These statements may be made directly in this prospectus referring to us and they may also be made a part of this prospectus by reference to other documents filed with the SEC, which is known as “incorporation by reference.”

Forward-looking statements often include words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans,” “believes” and words and terms of similar substance in connection with discussions of future operating or financial performance. All forward-looking statements are based on management’s current expectations and assumptions regarding our business and performance, the economy and other future conditions and forecasts of future events, circumstances and results. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances. The Company’s actual results may differ materially from those expressed or implied in its forward-looking statements. Important factors that could cause the Company’s actual results to differ materially from those in its forward-looking statements include government regulation, economic, strategic, political and social conditions and the following factors:

 

    recent and future changes in technology, services and standards, including, but not limited to, alternative methods for the delivery, storage and consumption of digital media and evolving home entertainment formats;

 

    changes in consumer behavior, including changes in spending behavior and changes in when, where and how content is consumed;

 

    the popularity of the Company’s content;

 

    changes in the Company’s plans, initiatives and strategies, and consumer acceptance thereof;

 

    changes in the plans, initiatives and strategies of the third parties that distribute, license and/or sell the Company’s content;

 

    the Company’s ability to renew affiliate agreements on favorable terms;

 

    competitive pressures, including as a result of audience fragmentation and changes in technology and consumer viewing behavior;

 

    changes in advertising market conditions or advertising expenditures due to various factors, including decreasing numbers of multichannel video service subscribers, changes in consumer viewing behavior, economic conditions, pressure from public interest groups, changes in laws and regulations and other societal or political developments;

 

    the Company’s ability to deal effectively with economic slowdowns or other economic or market difficulties;

 

    changes in foreign exchange rates;

 

    increased volatility or decreased liquidity in the capital markets, including any limitation on the Company’s ability to access the capital markets for debt securities, refinance its outstanding indebtedness or obtain bank financings on acceptable terms;

 

    piracy and the Company’s ability to exploit and protect its intellectual property rights in and to its content and other products;

 

    the failure to achieve the anticipated benefits of the Company’s enterprise efficiency initiatives;

 

    the effects of any significant acquisitions, dispositions and other similar transactions by the Company;

 

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