Disappointing show by HBO, Turner drags down Time Warner

Time Warner Inc reported a steeper-than-expected drop in quarterly revenue as subscription revenue for its cable channel HBO and Turner television network disappointed Wall Street, sending the company's shares down as much as 8 percent. Revenue at Warner Bros, the company's movie studio, also fell 13 percent, hurt by a lack of hit movie releases and a strong dollar, overshadowing a quarterly profit beat and a raised profit forecast for the year. While revenue in HBO and the Turner division rose