HBO, Turner Lift Time Warner Earnings

HBO and Turner Networks boosted earnings at Time Warner during the first quarter of 2016, offsetting declines in the media conglomerate’s film unit.

Revenues at HBO, the premium channel behind “Girls” and “Game of Thrones,” increased 8% to $1.5 billion, due to subscription growth.

Revenues increased 7% to $2.9 billion and operating income rose 10% to $1.2 billion due to improved subscription and advertising results.