Time Warner Q1 Earnings Beat Original Estimates

Time Warner Bros.Time Warner, the mass media entertainment conglomerate that owns Warner Bros. finds its First Quarter earnings beating its original estimates.

On Thursday, Time Warner reported that received higher earnings than originally expected – although there were some declines within all of its units that include the likes of Warner Bros., Turner Broadcasting System and HBO.

$8 billion in revenue was reported for the conglomerate, which is an increase of 3% from last year’s First Quarter earnings. Net income for Time Warner rose from $1.4 billion to $1.6 billion and was brought up by a $132 million income tax benefit in comparison to the $470 million tax provision from this period last year.

Time Warner also reporteda djusted earnings of around $2.28 per share. This is in comparison with $1.66 per share from this period last year.

Also, income from Time Warner’s business units dropped 13% to $1.8 billion while its adjusted operating income dropped 8% to $2 billion.

AT&T looks to acquire Time Warner for $85.4 billion, pending its current legal battle with the Department of Justice.

Here is what Time Warner chairman and CEO Jeff Bewkes had to say regarding the pending merger with AT&T:

 “We look forward to the resolution of the legal challenge to our pending merger with AT&T and remain excited about the benefits of the merger, such as the potential to further strengthen our businesses by accelerating our innovation and increasing our ability to connect more directly with consumer.”

What do you think of this news? Do you think Time Warner’s numerous units will help increase its earnings with the next three quarters of the year? Sound off in the comments below, and be sure to continue to follow Heroic Hollywood regarding Time Warner, its numerous assets and its pending merger with AT&T.

9 Times Joker Fought The Justice League And Won

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The Joker Justice League DC ComicsThe Joker is more than just a thorn in Batman’s side. The Clown Prince of Crime has taken on various members of the Justice League and lived to laugh another day. His dastardly plots are dangerous for everyone, and sometime he wants to take on an opponent who doesn’t know him as well as Batman does. Out of the entire superhero community, Batman clearly knows Joker best, so it makes sense that sometimes he wants to stretch his creative muscles and try and take down other heroes.

The character may physically just be a human being, but he still poses a threat to god-like figures like Superman and Wonder Woman. He may hurt his hand if he directly punches the last son of Krypton, but that doesn’t mean he can’t hurt him just as easily as he can anyone else. No matter how confusing he may be, Joker’s an intelligent, ruthless villain who happily picks on anybody he wants.

Hit Next to learn discover the ten times Joker fought the Justice League! 

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Noah Villaverde

Noah Villaverde

Cinema lover. Saxophone player. Coffee consumer. Chronic complainer. Oh, I also write. #TeamHeroic

  • givereginaherowncomic

    Dear Time Warner/Warner Bros. businessmen and businesswomen, if you have not already done so, I think you ought to examine DC’s Justice League #42 comic (Justice Lost, 2018). Because I have four questions to ask you about it.

    1. Do you think that the depiction of Wonder Woman in that comic risks damaging the brand of Warner Bros’ “3rd biggest film ever”?

    2. Would you feel comfortable with your daughters reading that comic?

    3. Do you think that a beloved strong superheroine being subjected to graphic violence by a suspiciously misogynistic writer (see Christopher Priest’s “The 18th Letter” miniseries* and his past remarks about the Wonder Woman character), is appropriate for a mainstream DC comic title, in 2018, following the #TimesUp and #MeToo movements?

    4. Do you imagine that DC’s many female fans are more, or less, likely to spend their hard-earned cash (and pocket money), on seeing Wonder Woman 2 at the movies, after reading 2018’s Justice League #42 comic? Thanks!

    ‘I couldn’t relate to white women in tiaras talking Big Talk and having exotic conflicts over exotic dangers. The last time I remember enjoying the book was when Denny O’Neil, Mike Sekowsky and Larry Hama (editor) took her powers away, killed Steve Trevor, and dressed her in miniskirts and go-go boots.’ – Christopher Priest

    *”The 18th Letter” was about a dastardly warlord coercing Wonder Woman into spending the night with him, by promising to end a war if she did so. Mr Priest even scripted the heroine as admitting to a grudging attraction towards his r-a-p-e-y villain!

  • givereginaherowncomic

    While it’s no doubt fantastic for Time Warner that its first quarter earnings beat its estimates, I think the Time Warner businessmen and women ought to do something about the scourge of *BLOODY MISOGYNISTIC VIOLENCE* inflicted upon their most profitable movie heroine (Wonder Woman), by DC comics’ Christopher Priest and Pete Woods.

    Please take a look at DC’s Justice League #42 (2018).

    No more women in refrigerators! #TimesUp

  • givereginaherowncomic

    P.S. my previous comment was CENSORED! >:-( So I posted again.

  • NO CENSORSHIP

    (I dislike censorship so I am posting this message again.)

    Dear Time Warner/Warner Bros. businessmen and businesswomen, if you have not already done so, I think you ought to examine DC’s Justice League #42 comic (Justice Lost, 2018). Because I have four questions to ask you about it.

    1. Do you think that the depiction of Wonder Woman in that comic risks damaging the brand of Warner Bros’ “3rd biggest film ever”?

    2. Would you feel comfortable with your daughters reading that comic?

    3. Do you think that a beloved strong superheroine being subjected to graphic violence by a suspiciously misogynistic writer (see Christopher Priest’s “The 18th Letter” miniseries* and his past remarks about the Wonder Woman character), is appropriate for a mainstream DC comic title, in 2018, following the #TimesUp and #MeToo movements?

    4. Do you imagine that DC’s many female fans are more, or less, likely to spend their hard-earned cash (and pocket money), on seeing Wonder Woman 2 at the movies, after reading 2018’s Justice League #42 comic? Thanks!

    ‘I couldn’t relate to white women in tiaras talking Big Talk and having exotic conflicts over exotic dangers. The last time I remember enjoying the book was when Denny O’Neil, Mike Sekowsky and Larry Hama (editor) took her powers away, killed Steve Trevor, and dressed her in miniskirts and go-go boots.’ – Christopher Priest

    *”The 18th Letter” was about a dastardly warlord coercing Wonder Woman into spending the night with him, by promising to end a war if she did so. Mr Priest even scripted the heroine as admitting to a grudging attraction towards his r-a-p-e-y villain!