The entertainment conglomerate, led by CEO Jeff Bewkes, missed revenue forecasts like Viacom did a day earlier, but predicted 2016 earnings would come in a bit better than it had said in a recent guidance downgrade.
Time Warner, the entertainment conglomerate that owns Warner Bros., HBO and the Turner networks, on Wednesday reported better-than-expected fourth-quarter earnings, but revenue fell short of Wall Street expectations.
14:53 Netflix fueled by original programming, even as its costs hold earnings back, analysts say16
01:44 Student Loan Collector Cheated Millions, Lawsuits Say31 5
01:14 T. Rowe made one of the greatest bets of all time on Netflix15
23:37 Here’s Why Netflix’s Share Price Just Hit a New All-Time High3