NEW YORK (TheStreet) -- Time Warner (TWX) was falling -0.4% to $68.84 Wednesday on reports that Amazon.com (AMZN) is not taking pre-orders for any Warner Bros. movies and criticism over the studio's strategy.
According to The New York Times, Amazon is no longer accepting pre-orders for the DVD and Blu-ray versions of The LEGO Movie and other Warner Bros. movies due to a dispute with the company. Unlike the recent dispute with Hachette, Amazon is not delaying shipments of DVDs and Blu-rays once the movies are available.
Separately, Warner Bros. is facing criticism for its strategy to focus on big box office hits over profitable movies in the $100 million to $200 million range. According to The Hollywood Reporter, the studio may have to wait until Batman v Superman: Dawn of Justice in 2016 to reach to top of the box office again.
Must read: Warren Buffett's 25 Favorite Stocks
TheStreet Ratings team rates TIME WARNER INC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate TIME WARNER INC (TWX) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."