Cable unit proves key to Time Warner's 51% profit jump

Time Warner's cable TV network portfolio helped drive a 51% jump in profit to $1.17 billion in its most recent quarter. Revenue was flat at $8.2 billion. The cable TV unit's success in adding HBO subscribers and boosting ad revenue and carriage fees for TNT, TBS and other networks helped overcome weaker sales in the company's publishing and movie divisions. Jeffrey L. Bewkes, chairman and chief executive of Time Warner, called the cable TV division the "core of the company."

View Full Article in:

Bloomberg Businessweek · New York Times (tiered subscription model), The · Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Media

Job Title Company Location
Director, Operational Enablement and Excellence
Pandora Media, Inc.
Okaland, CA
Sales Director - ROBLOX (New York)
Programmatic Manager
A+E Networks
New York, NY
Assistant Professor or Instructor of Advertising
Loyola University Chicago
Chicago, IL
National Sales Manager/Midwest
American City Business Journals/The Business Journals