Time Warner, owner of HBO, CNN and Warner Bros, said its second-quarter net income jumped 87%, boosted by better results at its film and TV businesses.
The results beat Wall Street predictions, and the New York-based company boosted its full-year profit outlook.
Time Warner said it earned $711m, or 81 cents per share, in the three months from April to June. That is up from $413m, or 42 cents per share, a year ago.
Revenue for the three months rose 10% to $7.44 billion from $6.74 billion. Analysts expected $7.11 billion in revenue.
For the full year, the company said it now expects to post an earnings-per-share percentage increase in the "mid-teens."
