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Time Warner net rises 59% on strong cable growth

Article Abstract:

Time Warner Inc. of the United States posted soaring first quarter profit up 59 percent to $1.46 billion from $915 million last year. Revenues were driven by performance of its cable unit offset by weakness at publishing and online businesses.

Author: Karnitschnig, Matthew

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006

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Time Warner posts solid profit, driven by cable unit

Article Abstract:

Time Warner Inc. of the United States posted stellar second quarter earnings with net profit of $1.01 billion compared with a loss leader of $409 million last year. Revenues at the entertainment giant were buoyed by cable profit.

Author: Karnitschnig, Matthew

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006

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Subjects list: United States, Time Warner Inc., Company sales and earnings, Entertainment industry, Company earnings/profit, Company overview

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