In an investor call Wednesday, Time Warner CEO Jeffrey Bewkes focused on the old media. You probably would have, too, if you could downplay AOL's dial-up business in favor of the late Heath Ledger's acclaimed performance in The Dark Knight.
Television and film at Time Warner are indeed beating Wall Street's expectations. The record-breaking Batman film, while its financials won't be reported until the third quarter, is on track to become the second highest-grossing movie of all time (behind 1997's Titanic). At the same time, HBO miniseries John Adams was a critically acclaimed hit, the … Read more