Time Warner's TV Companies Help Bottom Line

Time Warner reported its earnings for the third quarter, and judging by the numbers, we’re guessing the company’s execs are thankful people love TV. According to The New York Times, Time Warner’s networks — including HBO, TNT and more — had its best quarter ever, raking in $1.2 billion in overall operating income. That represented a 12 percent jump from the same period last year.

The TV boost, however, was balanced out by news that Time Inc.

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