Wednesday, November 2, 2011

Time Warner Beats Wall Street Expecations With More powerful Third-Quarter Results

Time Warner on Wednesday reported enhanced third-quarter financials since it's film unit a lot more than bending its main point here thanks simply towards the final installment from the Harry Potter series. The entertainment conglomerate, brought by Boss Shaun Bewkes, published an every three months profit of $822 million, in comparison with $520 million around-ago period. Revenue rose 11 percent to $7.1 billion. Among other subjects, the organization's Wednesday earnings business call with experts is anticipated to relate recent digital distribution deals from the CW, which TW co-is the owner of with CBS Corp., with Netflix and Hulu. Email: Georg.Szalai@thr.com Related Subjects Time Warner Shaun Bewkes Earnings

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