Time Warner's Q3 Earnings Likely Hurt By Softer Ratings At Turner Networks And A Muted Quarter For Movies

The ratings at Turner networks continued to decline and TNT was down 11% in viewership for the third quarter. Softer ratings may well weigh over the company's quarterly earnings. The company recently announced the standalone service for its premium network HBO. While it appears to be a great move by the company, as it will boost the network's penetration in the U.S. households, the company has yet to announce the pricing details of the streaming service.