Wednesday, May 04, 2005
T W 1Q Profit Edges Up on Cable
Source: Associated Press Time Warner Inc., the world's largest media company, posted slightly higher earnings in the first quarter on growth at its cable networks, cable TV and publishing businesses, the company reported Wednesday.
Revenues rose 3 percent to $10.48 billion from $10.19 billion, led by gains in the company's cable networks division, which includes CNN, HBO and TNT, its magazine and book publishing business, and in cable TV.

