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Jeff Bewkes Evasive Optimist

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Sep 17 2008 5:31pm EDT

Jeff Bewkes, Evasive Optimist

The Jeff Bewkes happy-talk tour continues. After making the case for optimism to Portfolio's Lloyd Grove on Monday, the Time Warner CEO reiterated at the Goldman Sachs Communcacopia Conference this afternoon. Bewkes talked about the upside of the digital revolution for media companies, skirted questions about how Time Warner intends to dispose of AOL, and even had nice words to offer about the magazine business, saying he wouldn't rule out acquiring more titles. "We all know print's got secular issues and [is] a little slow but there are some magazine titles, like People, InStyle and Real Simple, that are growing quite nicely in revenue and profit, some in print."

(Bewkes might want to check to see if his facts are up to date: All three of those titles were down in ad pages in the first half of the year, InStyle by nearly 10 percent.). □

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