Time Warner Beats Q4 Estimates
Media giant Time Warner turned in a Q4 report card that beat Wall Street's expectations, generating adjusted earnings of $0.94 per share on revenue of $8.2 billion. Analysts had expected $0.87 per share and $8.1 billion. Revenue was up 5 percent on the year.
Viacom Says Netflix Isn’t Hurting Nickelodeon Ratings
Viacom, which has seen ratings decline at its Nickelodeon cable channel, doesn't think it is losing eyeballs to Netflix, which offers an array of kids programming, including Nickelodeon shows like "Dora the Explorer." Viacom CEO Philippe Dauman, speaking during the company's earnings call this morning, continues to argue that the ratings decline stems primarily from...
New York Times Digital Subscription Numbers Grow 20 Percent
The New York Times ended 2011 with 390,000 digital subscribers, up about 20 percent from its third-quarter total. Some of the new subscriptions came from the publisher's International Herald Tribune, which started digital sales last fall. The Times saw overall revenue drop 2.8 percent for the quarter, as ad revenue shrank 7.1 percent while circulation...



