Time Warner Says TV Licensing, Video Games And HBO Helped Q3 Earnings Beat

Warner Bros revenues were up 15% to $3.2 billion, with operating income up 62% to $148 million. Video games including LEGO Dimensions and Mad Max were big contributors. TV licensing was helped by initial cable and off-network sales of 2 Broke Girls and sales of Person Of Interest to cable and streaming distributors. HBO’s revenues improved 5% to $1.4 billion, with operating income up 37% to $519 million. The company attributes the gains to rising domestic subscription rates, as well as higher domestic licensing sales.

Source: Time Warner Says TV Licensing, Video Games And HBO Helped Q3 Earnings Beat | Deadline