Despite the looming prospect of a merger with AT&T, Time Warner remained focused in 2016 and all three of its business segments grew their top line. Turner was able to charge higher carriage costs to cable providers despite a slight decline in subscriber base; HBO’s subscription revenues rose by more than $250 million; and Warner Bros. scored box office hits with “Suicide Squad,” “Batman vs. Superman,” and “Fantastic Beats and Where to Find Them.” That winning streak could continue in 2017 thanks to “Wonder Woman” and a new season of “Game of Thrones” on HBO.
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As part of a probe of the distribution of sports media rights.
Troll level: Masterful.
The ripple effect could go well past the media industry.
Netlfix, Apple, and Amazon bring new ideas–and new pressures.
This is your Data Sheet for Friday, March 2, 2018.