HBO Bares All For the First Time in Time Warner 4Q Earnings
HBO parent company Time Warner posted financials on the premium cable channel for the first time and reported fourth-quarter revenue of $1.3 billion.
Much like its popular programs 'Game of Thrones' and 'Girls', HBO wasn't afraid to bare all on Wednesday after parent company Time Warner posted financials on the cable channel for the first time. The network reported fourth-quarter revenue of $1.3 billion, 15% of the company's total sales, and full-year revenue of $4.9 billion. Time Warner generated quarterly revenue of $8.6 billion and net income of $1.17 a share, exceeding analyst expectations by $200 million and 2 cents, respectively.
