Time Warner reports $16bn loss

GI.Biz writes: "LEGO Indiana Jones and LEGO Batman were named as offsetting losses for Warner Bros. Filmed Entertainment division in Time-Warner's fourth quarter and end of year financial results for the period up to December 31, 2008.

The division, which houses its videogame, movie and TV businesses, reported a dip in revenues of 2 per cent for the financial year, representing USD 284 million, to USD 11.4 billion. "

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Llort3568d ago

Wow and we thought Microsoft, Sony and EA had it tough.