Time Warner Q2 2015 Earnings Preview: Turner Networks And HBO Likely To Drive Earnings Growth

Turner networks was able to sell most of their upfront inventory with higher ad rates for the 2015-16 television season. These factors likely provided a lift to Time Warner's Q2 earnings. Furthermore, HBO will see an uptick in revenues from its standalone streaming service, HBO Now. We are eager to learn the subscriber trends for this new over-the-top streaming service. We currently estimate there will be around 5 million HBO Now subscribers by the end of the decade. Looking at Warner Bros., the...