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

newsfeedback@fool.com (Demitrios Kalogeropoulos), The Motley Fool
Wed, 05/04/2016 - 7:15am

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

Topics: turner home box office time warner nyse twx actualscontinue q1 post profit programming costs helped results

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

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