Time Warner First-Quarter Earnings Exceed Wall Street Estimates

May 4, 2016 11:43 AM

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The company, led by CEO Jeff Bewkes, posted higher profits for HBO, Turner and Warner Bros., which opened 'Batman v. Superman: Dawn of Justice' in the period.

Time Warner, the entertainment conglomerate behind Warner Bros., HBO and the Turner TV networks, on Wednesday reported improved first-quarter results that exceeded Wall Street estimates as all units posted higher bottom-line results.

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