Time Warner ( TWX) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 1%. By the end of trading, Time Warner rose 19 cents (0.5%) to $38.07 on average volume. Throughout the day, six million shares of Time Warner exchanged hands as compared to its average daily volume of 7.3 million shares. The stock ranged in a price between $37.81-$38.21 after having opened the day at $37.96 as compared to the previous trading day's close of $37.88. Other companies within the Media industry that increased today were: Radio One ( ROIA), up 10%, Point.360 ( PTSX), up 7.7%, Radio One ( ROIAK), up 6.8%, and Focus Media ( FMCN), up 6.8%. Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. Time Warner has a market cap of $35.91 billion and is part of the services sector. The company has a P/E ratio of 13.7, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 4.8% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Time Warner a buy, one analyst rates it a sell, and nine rate it a hold. TheStreet Ratings rates Time Warner as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.