Q4 sales of $8.2 billion at Time Warner were about...
Q4 sales of $8.2 billion at Time Warner were about the same as the year-earlier quarter as declines in its publishing and studio businesses offset growth of 5 percent at its media networks. Net income increased 33 percent from a…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
year earlier to $1.2 billion on lower costs. Revenue missed expectations, but profit “soundly exceeded” them, Bernstein Research analyst Todd Juenger wrote investors. The company’s digital sales are starting to make up for the decline in its DVD business, Wells Fargo’s Marci Ryvicker wrote. “Digital home video revenue generated roughly $1 billion in 2012, and it is expected to grow 20 percent in 2013.” Time Warner shares closed up 4.1 percent to $52.03 on Wednesday.