Time Warner grows with TV business
Für Time Warner lohnt sich das TV-Geschäft. Im dritten Quartal haben Werbespots und Gebühren für seine Bezahlsender dem US-Medienkonzern die Kasse gefüllt. Die Kinofilme dagegen liefen durchzogen.
Despite this, turnover rose by two percent to 6.4 billion dollars compared to the same period last year. However, the early settlement of debts had a negative impact on the company's profits. The bottom line was only 522 million dollars, a decrease of 21 percent. In the long term, however, the action pays off for Time Warner: the company saves on high interest payments.
Media groups around the world have recently benefited from the economic recovery and the resulting increase in advertising expenditure. German market giants such as Axel Springer and ProSiebenSat.1 filled their coffers again and expressed optimism.
Media groups around the world have recently benefited from the economic recovery and the resulting increase in advertising expenditure. German market giants such as Axel Springer and ProSiebenSat.1 filled their coffers again and expressed optimism.
