8 Dec, 2015 – Time Warner CEO Jeff Bewkes see earnings growing at Turner Broadcasting as revenues increase.
Bewkes, speaking at the UBS Media Conference in New York Tuesday, noted that Turner had substantial earnings growth in 2015, but that was mostly because of cost-cutting efforts.
“In ’16 it’s going to turn more into a revenue story,” Bewkes said.
“The ad market is starting out pretty well with scatter pricing in the double digits,” Bewkes said. (Turner on Tuesday announced a reorganization of its ad sales staff.)
Read more at Broadcasting Cable