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‘Suicide Squad’ Helped Time Warner Exceed Earnings Estimates
November 8, 2016 By Jon Somers
Time Warner, the parent company of Warner Bros. and DC Comics, held its quarterly earnings results recently and there was a pleasant surprise in the company’s finances. Suicide Squad helped the company exceed expectations.
Time Warner CEO Jeff Bewke said:
“We had a strong third quarter, which keeps us on track to exceed our original 2016 outlook and underscores our leadership in creating and distributing the very best content. In film, Warner Bros. had a strong quarter led by Suicide Squad and has the number 1 release of the fall in Sully, while anticipation is off the charts for J.K. Rowling’s Fantastic Beasts and Where to Find Them, which hits the big screen on Nov. 18.”
Along with Suicide Squad there were special mentions to the companies related TV shows like Arrow, Supergirl and Gotham that all contributed to the company taking over $1billion in revenue.
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