‘Kong: Skull Island,’ ‘LEGO Batman Movie’ Lead Time Warner to Strong Q1
Skull Island, “The LEGO Batman Movie,” “Big Little Lies,” “Last Week Tonight” and March’s NCAA Tournament, to name a few key properties.
Jeff Bewkes’ TV and film company reported adjusted earnings per share (EPS) of $1.66 on $7.74 billion in revenue early Wednesday morning.
“We’re off to a strong start to 2017, as we continue to benefit from the investments we’re making in the best content while also developing new revenue streams that will drive growth and meet consumer demand for great experiences built around their favorite programming and brands,” the chairman and CEO said.
“Turner had another successful airing of the NCAA Division I Men’s Basketball Tournament across platforms, while CNN grew its total day ratings by 21 percent among adults 25-54, and remained the leader in digital news,” he continued.
The European Commission has approved it, the Department of Justice is now reviewing it.
Because the proposed merger doesn’t involve the transfer of licenses, Stephenson said he doesn’t expect the Federal Communications Commission will find a need to review it all.