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Q1-16: Turner, HBO push Time Warner revenues up 2.5 percent

BENGALURU: Time Warner Inc., (Time Warner) reported 2.5 percent growth in revenues for the quarter ended 31 March 2016 (current quarter, Q1-16) at $7,308 million as compared to the $7,127 million in Q1-15. Revenues increased due to growth at Turner and Home Box Office, partially offset by a decline...

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FCC clears Comcast buyout of AT&T Broadband

In a 3-1 vote (the dissenting vote coming from the lone Democrat on the panel, Michael Copps), the US Federal Communications Commission today cleared the way for the $30.2 billion buyout of AT&T Broadband by rival Comcast Corp.

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