Comment on Lower Programming Costs Help Time Warner Inc. Post a 31% Profit Jump

Lower Programming Costs Help Time Warner Inc. Post a 31% Profit Jump

Strong results from its Turner broadcasting and Home Box Office divisions helped Time Warner (NYSE: TWX) post record profit for its fiscal first quarter this week. The entertainment conglomerate benefited from restrained growth in programming costs, too, which helped profitability take a big step up.Here's how the Q1 results compared to the prior-year period:Q1 2016 ActualsContinue reading

 

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