Time Warner beats thanks to 'Fantastic Beasts' (TWX)

Time Warner Inc reported higher-than-expected fourth-quarter results, largely due to box office hits such as the "Harry Potter" spinoff "Fantastic Beasts and Where To Find Them."
The New York-based media company, which is set to be acquired by AT&T Inc in an $85.4 billion deal, reported an 11.5% rise in quarterly revenue and said the merger remained on track to close later this year.
Time Warner topped Wall Street's estimates as the company, which owns film studio Warner Bros as well as