photo: Getty Images / Mario Tama
Slimmed-down media conglomerate Time Warner, which owns HBO, CNN and Warner Bros., had a solid first half of the year, driven by the strong performance of its television business. In May, the company posted better-than-expected earnings results, thanks in part to the industry-wide jump in TV ad spending. Revenue at the company
February 29, 2012 at 700 × 466 in Mid-Year Media Stock Review: Content Trumped Tech in First Half of 2011