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Yesterday, Time Warner got a chance to brag about the success of one of their most precious franchises: Batman: Arkham City. In their yearly earnings report, Warner’s Filmed Entertainment division boasted a 9% growth over last year with Arkham City leading the pack by selling over 6 million copies. “In 2011, Time Warner had an ambitious agenda and we accomplished what we set out to do and more,” said chairman and CEO Jeff Bewkes. “We increased revenues 8%, Adjusted Operating Income 9%, and Adjusted EPS by 20%, which means we more than doubled Adjusted EPS over the past three years.” All of those numbers are just a confusing way of saying that Time Warner is slightly richer than it was last year at this time. 
Considering that Time Warner owns half of the planet, it’s pretty impressive that they’ve managed to increase by such a large percentage. The numbers are especially impressive when you consider the lack of growth for THQ and even Sony. By Josh Engen |