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Time Warner Beats Q4 Expectations Thanks To ‘Justice League,’ Turner And HBO

Time Warner, whose corporate fate will be known in the coming weeks, reported better-than-expected fourth-quarter earnings due to Justice League box office and continued growth at Turner and HBO. Total revenue grew 9% from the year-ago quarter to $8.6 billion. Operating income increased 13% to $1.9 billion. Justice League, a November release which capped off a record-setting 2017 for the studio, has pulled in $656 million worldwide.
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