Cincinnati Sees Downtown Unrest ESPN Moving Event From Trump Course Bucks To Hold Camp In Madison CONCACAF Publishes Reform Proposals Fox/Telemundo Set Viewership Record Dillon's Wreck Into Catchfence Mars Coke Zero 400 Longtime Chiefs Exec Jack Steadman Dead MLB Cardinals Fire Scouting Dir Chris Correa Fans Show Support For World Cup-Winning U.S. Team Fans Give High Marks To New Daytona Rising
SBD/November 8, 2012/FinancePrint All
Time Warner reported a Q3 net profit of $838M, compared with $822M "in the same period last year," according to Kristi Swartz of the ATLANTA JOURNAL-CONSTITUTION. The company "reported a 12 percent increase in operating income to $1.2 billion for its networks." Time Warner Chair & CEO Jeff Bewkes "attributed TBS and TNT’s success to a slate of original programming," as well as MLB. Bewkes said, "Baseball is a marquis property with a long history on TBS." When asked whether Turner would expand its sports programming deals to include other major franchises such as the NFL, Bewkes said, "Sports can be a very important part of the offering at Turner, we just need to have the right one. If an NFL package came up … just like the NCAA, we would consider something of that size if we were confident that we could monetize that. I’m just not clear what the choices are" (ATLANTA JOURNAL-CONSTITUTION, 11/8).