Time Warner's Q4 Earnings Bolstered By Subscription Growth At HBO

Time Warner’s Q4 earnings were above street estimates led by better performance of HBO. While the media industry is facing headwinds from declining subscribers, HBO continues to post solid subscriber growth. The network added around 2 million subscribers on television and 800,000 at its new streaming service – HBO Now – in 2015. HBO continues to be the driving force for Time Warner and will remain so in the coming years, led by its unparalleled content, in our view. (See – How Important ...