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Time Warner Beat Earnings on ‘Lego Movie’ and ‘Game of Thrones’

August 13, 2023
in Trade Tube
Reading Time: 1 min read
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Shares of Time Warner are climbing on Thursday after the company reported better-than-expected quarterly results, boosted by box office and small screen success. The company saw a 14% revenue jump at its Warner Bros. segment, which was helped by the box office success of “The Lego Movie” and “The Hobbit: The Desolation of Smaug,” among other titles. Results were also aided by a 9% revenue increase at its pay-TV channel HBO, which features the popular “Game of Thrones” series.

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