Rupert Murdoch's Twenty-First Century Fox is expected to make an aggressive case for merging with Time Warner during its quarterly earnings call on Wednesday, though people familiar with the company's plans have said it would not use that forum to raise its bid.
Time Warner is due to report its financial results on Wednesday as well, marking the first time executives from both companies will publicly speak since the offer was first revealed on July 16.
It will be an opportunity for Time Warner Chief Executive Jeff Bewkes to defend his record for shareholder value. Fox's Chief Operating Officers Chase Carey and James Murdoch will have the chance to discuss the more than $1 billion in cost savings and powerful combination of cable networks and sports programming. It is unclear whether Rupert Murdoch, chairman and CEO of Fox, will make an appearance given the stakes.