Ad sales boost Time Warner profit
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Profits at Time Warner, the world's biggest media group, are boosted 76% by ad revenues and high-speed internet sales.
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Time Warner Inc  forecast on Wednesday profit growth to slow but possibly exceed analyst estimates in 2008 after reporting quarterly earnings that reflected increases in broadband and phone subscribers and sales of "Harry Potter" and "300" home videos.
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Profit rose 34 percent, bolstered by AOL asset sales in Europe, a rise in digital cable and phone customers, and online advertising sales.
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Rupert Murdoch's News Corp posted a  moderate rise in fiscal second-quarter profit on higher  advertising sales at its Fox News channel and the Fox  television network, offsetting a decline in its movie studio  business.
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Tribune Co.  reported a better-than-expected rise in quarterly profit on Thursday helped by an extra week in the quarter that boosted advertising revenue at the company's newspapers.
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Stock futures rose on Wednesday as  profits from Walt Disney Co  and Time Warner Inc   suggested that the profit picture is holding up outside of the  financial sector.
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Internet media company Yahoo Inc.  YHOO.O on Tuesday posted a jump in quarterly profit fueled by  online advertising revenue and the sale of an investment.
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News Corp. saw healthy gains in profit and revenue in the fiscal first quarter - helped by growth in advertising at the Fox News Channel and the Fox broadcast network, as
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Internet search engine Google thanks strong advertising sales for a target-beating rise in both turnover and profits.
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EchoStar Communications Corp.  on Tuesday said third-quarter profit rose on an aggressive campaign to add more new subscribers.
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Media conglomerate News Corp.  on Wednesday posted a higher quarterly profit, boosted by strong DVD sales of the film "Day After Tomorrow" and advertising sales at its cable networks.
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Viacom Inc. on Thursday said its quarterly profit from continuing operations rose 12 percent on higher cable network advertising sales and announced a larger-than-expected stock repurchase, sending its shares up 3 percent.
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Internet media company Yahoo reported its quarterly profit more than tripled from the year earlier, boosted by stronger online advertising and its acquisition of Overture Services.
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News Corp. (NWSa.N) on Tuesday  said its quarterly net profit rose 19 percent boosted by  advertising sales at the Fox News Channel, "Ice Age: The  Meltdown" film ticket sales and a gain from the sale of radio  stations.
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The News Corporation, the media company controlled by Rupert Murdoch, said yesterday that its fiscal first-quarter profit rose 27 percent, in part because advertising sales increased at its cable networks, like the Fox News Channel.
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World Wrestling Entertainment Inc.   WWE.N on Thursday posted slightly higher quarterly profit as   cable advertising declined and home-video sales rose.
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Time Warner Inc. on Tuesday said a  strategy to offer most of online unit AOL's services for free  was making faster-than-expected progress in attracting new  Internet users and cutting costs.