Time Warner Earnings Up on Cable

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Earnings Analysis:

Author: Albena Toncheva
123jump.com
Last Update: 11:20 AM ET May 04 2005

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The world's largest media company Time Warner Inc. said its net ticked higher in 1Q, bolstered mainly by one-time gains and growth at the company’s cable unit. Revenue at the AOL division declined, however, as the gains in advertising revenue were shadowed by a drop in subscribers.

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