News Media Entertainment Company Tops Estimates
by Trey Rentz, Wed Nov 03, 2010 at 09:08:12 AM EDT
Time Warner today reported that their adjusted operating income from the past quarter rose to $1.4 billion dollars - and their sales rose over the past quarter , 2% to a new total of $6.38 billion dollars.
The company was dragged down by failing sales in print media, and film - but their news media entertainment company division aenjoyed a revenue climb of 9% to $3 billion.
This was attributed to a 10% rise in advertising revenue and a 9% increase in subscription revenue.
Want to guess what happened with the other guys at the other news media entertainment company , that controls 86% of what all those seniors see and hear - and who voted 47% for the Tea party....
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