‘Wonder Woman’ helped Time Warner beat Q2 earnings expectations

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Time Warner, the parent company of Warner Bros., sent out their Q2 earnings report to investors this morning, and reported better-than-expected results. Wonder Woman’s strong performance at the box office was one of the reasons for the strong quarter.

Warner Bros. saw a 12% increase in revenues to $2.99 billion. In addition to the success of Wonder Woman, the studio saw strong results from home video sales for The LEGO Batman Movie.

Last year, AT&T announced it would be purchasing Time Warner for $85 billion. That deal is expected to close at the end of the year.

SOURCE: Deadline

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