By Ronan Shields

Time Warner has reported a revenue increase of 11% for the final quarter of 2016, with income for the period totaling $7.9bn based on double-digit growth in its subscription business, plus box office successes within its Warner Bros division, as speculation continues to mount over its proposed $85bn takeover by AT&T.

The company’s latest quarterly numbers, published earlier today (February 8), also provided details of revenues for the full-year which increased 4% year-over-year (y-o-y) to hit $29.3bn, with Turner’s subscription revenues also increasing 12% to $5.9bn during the 12 month window (see chart below).

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Source: The Drum