Ron Burgundy Posted August 5, 2015 Share Posted August 5, 2015 "Given Time Warner's unchanged guidance, the beat is likely due to timing of revenue and costs," CLSA analyst Vasily Karasyov wrote in a note to clients. Time Warner is trying to grab a larger share of the video-streaming market as consumers increasingly take to watching television shows online, a trend dubbed as "cord cutting". In April, the company's Turner division, owner of channels such as CNN and TNT, granted exclusive subscription video-on-demand rights to its programs from Cartoon Network and Adult Swim to Hulu. View the full article Quote Link to comment Share on other sites More sharing options...
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