Time Warner's Turner Networks And Studio Operations Will Drive Q1 Earnings

Time Warner will report its Q1 2015 earnings on April 29th. CNN posted double-digit ratings growth in the first quarter while other Turner networks also saw ratings momentum with NCAA Tournament coverage. This should aid Time Warner's Q1 earnings. Furthermore, subscription revenues at Turner networks as well as HBO have been on an uptrend in the recent past and we expect it to continue to grow in the near term as the networks pass on some of the increased costs to the distributors. However, risi...