1: Time Warner announces plan to spin off cable TV business.

2: Move aims to focus on media and entertainment assets.

3: Investors react positively to the news.

4: Spinoff expected to create value for shareholders.

5: Cable TV division will operate as a separate entity.

6: Company undergoes strategic restructuring.

7: New opportunities arise for cable TV business.

8: Future prospects look promising for Time Warner.

9: Spinoff signals a new chapter for the company.

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