Tag: The Big Bang Theory

  • It’s time to go ‘Back To The Future’ and meet your favourite Shel-Bot as Zee Café airs The Big Bang Theory Season 11 and Season 12

    It’s time to go ‘Back To The Future’ and meet your favourite Shel-Bot as Zee Café airs The Big Bang Theory Season 11 and Season 12

    MUMBAI: A white board filled cryptic algorithms, a couch with a reserved spot and a bunch of math geeks with a gorgeous neighbour next door – The Big Bang Theory is one show that has truly had us hooked for twelve straight seasons! Still coming to terms with the end of an era as the series reached its happy end? BAZINGA! Not just yet. It’s time to reunite with your favourite bunch of socially awkward physicists and relive the crazy with residents of 4B as Zee Café brings the rerun of the last two seasons of the longest running sitcom The Big Bang Theory Season 11 and Season 12 starting July, 24 weeknights at 7PM.

    A show that has truly stood the test of time and gifted the world with bouts of laughter and truckloads of memories can never escape our hearts. Remember when Sheldon went on a prank spree? And when the squad dressed up in their Star Trek best? Or even when Leonard and Penny finally tied the knot? The geek-squad has never failed in inspiring us, making us emotional and at the same time driving us crazy with their hilarious banter. Be it their improvised version of rock, paper, scissors, the iconic ‘soft kitty’ or simply just the atom symbol; the series has truly redefined the way we look at math, science history by slowly unravelling the mysteries with a big bang!

    The penultimate Season 11 opens with the man himself – Sheldon Cooper going down on his knees as he finally gathers the courage to pop the big question to Amy. The season traces the lives of the bunch of geeks as they go about planning for the big day. From picking the wedding date to choosing the best-man, the free-spirited Penny along with the borderline lunatic bunch of friends including Leonard, Howard, Raj, Stuart, Bernadette go all out to prepare for the much-anticipated ‘ShAmy’ wedding.

    Ending on a high with a glorious wedding celebration, Season 12 opens with ‘ShAmy’ off to their honeymoon. Meanwhile, things escalate in the lives of Leonard and Penny as they consider starting a family together. If that’s not all, there’s also Raj who explores an arranged marriage that has its share of roadblocks. What’s the big secret that Penny and Leonard are hiding? Why does Amy have a meltdown?  And who’s Koothrappali’s new-found friend? The finale season puts an end to all these questions as the gang travels into an uncharted future.

  • Sameer Nair on Applause Entertainment’s shows, content creation and trends [Part 2]

    Sameer Nair on Applause Entertainment’s shows, content creation and trends [Part 2]

    MUMBAI: This is the second part of Indiantelevision.com’s conversation with Applause Entertainment CEO Sameer Nair. You can read the first part here.

    So within your company, is a format kind of a lab being developed going forward? Because I see opportunity in format, paper formats too while you’re creating content and you’re going to start licencing it in stage two I presume. That will be next year after the first wave is sold out.

    We hope the first of our shows streams at the end of March, so let’s see.

    So when will your agreements allow you to sell those globally?

    It depends. Some will be after a year.

    In the meanwhile are you looking at setting up a format lab? Like Zee has set up a format lab which is working on creating formats, Star is working on formats in house.

    No, I don’t think we are doing that. Currently, we are focusing on drama and fiction, not so much on the non-fiction part of business. And within that, if we find something that we really like, we proceed to make it. We are not really making a paper pilot or a pilot.

    We are not really making globally relevant content whereas the Turks make it, the Koreans are more advanced as a culture so their shows travel, but Indian shows are not really travelling, we’re getting $200, $250, maybe a Porus might get $3000 or $2000 per hour but not all shows are getting the money that they should.

    Actually, apart from US content which is the English content and which is what makes it a globally dominant soft power, I don’t think any other content is genuinely travelling.

    Today Turkish content is going at $150,000 an episode in west Asia.

    What I’m saying is that we’ve got a very large market, we’re a billion Indians. In any case, you’ve got to decide who you’re making this content for. There’s something known as primary audience and secondary audience. Narcos was not made for us, it was made for Latin American and North American audiences. We happened to like it, it went on to become a global hit and well, good luck. Like that, I’m sure a 100 other shows are made which we haven’t heard of. So what I’m saying is that as far as we are concerned, we are focused on telling great stories and we are catering to an extremely large Indian audience.

    Some shows do travel but you can’t set out to make something thinking it will straddle a global audience, even the Americans didn’t do that. When the Americans made Seinfeld, they didn’t make it to make Indians or Koreans or Japanese laugh, they made it to make Americans laugh. That the rest of the world laughs with The Big Bang Theory or FRIENDS or House of Cards or whatever is a happy outcome. So I think from a content creation point of view, we’ve got to focus on how we can tell great stories, how we can monetise those great stories and how can we make this business profitable.

    So you’re investing in production value, you’re investing in writing and I see that you’re investing in the cast.

    You’re investing in good actors, you’re investing in good writing, you’re investing in production values, good directors, you’re making these like essentially extended films, it’s all produced at one go, it’s post-produced at one go, so we are doing that and we should invest.

    Will all of these travel or will some of these travel?

    Some of these will travel, all may not. For example, The Office comes from abroad and I believe that a show like that should be made in every country because every country would have this dull sleepy office with the horrible boss from hell and the other terrible people we work with. But some will travel, I think something like City of Dreams will travel, that’s a nice political story. I find too many of my colleagues in this business stand on the shore and look towards the sea. I think we are a large enough country to stand on the shore and look inwards.

    That’s why Hollywood is a soft power.

    Hollywood is a soft power not for what they’re doing, it’s because it’s driven by the language.

    Roma is a Mexican film that went on to win so many Oscars.

    You know what, it is a cool fashionable thing to say that we should be all making stuff that the world applauds.

    But if you put sub-titles, everybody watches.

    I’m not disputing it, I’m saying that you’ve got to run a business, it is called showbiz. There’s show and there’s biz and they go together. So when you’re running a business you must be clear as to why you’re doing it. It cannot be for an amorphous global audience. If it’s a good story, the world will watch.

    There’s a science to get the world to watch, getting recommended, the social bars, etc.

    That comes after you’ve made a good story.

    Do you have a strategy to build this globally? Would you be investing as much to push these globally?

    It’s a process. You don’t plan for all these things, you’ve got to make it, you’ve got to put it out there, it gets some traction, it builds an audience, the word of mouth spreads, when things are going well you keep adding to it, it’s a process. I don’t think Ramesh Sippy set out to make Sholay, he set out to make a movie that proceeded to become Sholay. That’s how it goes. Everything happens like that.

    I believe that you’re more evolved than Ramesh Sippy in terms of understanding the ecosystem.

    No, not like that. I’m saying that even when you take a movie like Dangal, it went on to become a big success in China. In hindsight, we can all be geniuses and have 100 million reasons why that happened. But in the process of making it, it was not being made for that audience, it was being made for an Indian audience is what I’m saying.

    So around IP sharing, you’ve always told me that put your skin in the game then I’ll give you a piece of the action. The industry has started putting money where their mouth is. Producers like Siddharth Tewary, Abhimanyu Singh, Asit Modi have been putting their skin in the game and they’ve been retaining IP. How’s that going for you now that you’re on the other side?

    I remain exactly where I was. I think there should be a share of the spoils definitely because there’s a certain degree of a creative investment, there’s a certain degree of financial investment. I think it’s fair enough for people to want to have a share of it. So we are continuing with a similar model, we’re happy to do that. When I talk about putting skin in the game, I mean that. Not everyone has money, but there are different ways to do that. But again there’s so much debate that keeps happening about IP, that where are the shares of IP? I think the first important thing is to create IP. If you create intellectual property then you can derive value from them.

    I find too many people talking about IP without ever having created IP. So I think that focus is important. Beyond that, different models will emerge, we are already doing that. A lot of the international shows that we buy are represented by format owners who then proceed to give a share of what we have sold it for back to the original creator. It’s a process, internationally it’s been done forever. So I think it will happen in India as well. If the content community is not careful at this point in time, then it will just be a replica of TV.

    Do you fear that it could end up being a replica of what happened in TV?

    Currently, it seems to be approaching it in that manner, as in you get commissioned and that’s it, you have nothing left. If you indeed want to have a play beyond that, you must be willing to give up something, you must be willing to put something and you have to figure a way around it.

    So what are the different models that are available? Do you give the story rights, dubbing rights, sub-titling rights, Indian language rights, film rights or animation rights?

    No, this is an evolving market. Currently, the position is that we give nothing or we get nothing. But I think as it gets along it will sort of play out.

    Which of these will play along in the market or be more relevant to India?

    There are at least 10-15 streaming platforms. These are the early days, everyone is well funded, obviously serious competitors, nobody’s going away in a hurry, so I think the next 2-3 years will help define that as to who pulls ahead, who falls back, what kind of content works, how India responds to it and all of that. Currently, the default position of all the broadcast players is, well we want everything, even if it never goes on TV.

    So in terms of exports, we haven’t really grown.

    Again, now what will happen is you’ve created this great show, and it’s going to go onto a global platform, but now the platform itself wants to dub it into all international languages.

    If they give you a piece of it?

    So you’ve got to work all that out, it’s got to be figured out but the thing is that everyone is pushing in that direction. So your dream of having an Indian show that the whole world watches is around the corner now.

    Do we need legislation in place?

    I think that ship has sailed. Legislation and the opportunity of making a law out of this is long gone. This happened in the US in the 60s. Now I think if we indeed want to resolve this problem, we’ve got to be more creative about this. They’re not going to get a law passed.

    Javed Akhtar did that for the music industry.

    It’s a royalty thing. And the control of monetisation still rest with the music companies, it’s not with the composer.

    So at least, could we move in that direction?

    No, so the way to do that is for all the content creators to sort of galvanise and unite and work together and try and attract more money to the content creation business and have people believe in the process, believe in the thing that you can create content and that content can then be sold. Currently, the thing is that it sounds very risky, you’ve got to get commissioned from someone. If somebody is going to give you the money then I’ll move and make something. As long as it exists in that manner, it’s always going to be a hard sell and especially for something as large as a content business. A piece of music, a song, these are smaller pieces of content

    So you don’t see a solution?

    Not legislation, not at all.    

  • HOOQ videos for Hyderabadis through ACT Fibernet

    HOOQ videos for Hyderabadis through ACT Fibernet

    MUMBAI: Singapore based video-on-demand service, HOOQ, has joined hands with Bengaluru’s ACT Fibernet. With this strategic partnership, ACT customers of Hyderabad will be able to avail a month’s free subscription of the service.

    The partnership is being piloted in Hyderabad, and will later be taken to other ACT markets such as Bengaluru, Chennai and Delhi.

    “Under this partnership, ACT customers will be able to avail one month of free HOOQ subscription that translates into a window to unlimited streaming of over 10,000 Hollywood, Bollywood and local movies along with drama titles available on HOOQ,” said HOOQ India MD Salil Kapoor.

    Through this, the viewers can view HOOQ’s exclusives and television shows like Flash, Arrow, Gotham, The Big Bang Theory, Two and a Half Men, etc. Further, the viewers could download the content for viewing at leisure, he explained.

    ACT Group CEO Bala Malladi added, “Hyderabad is one of the highest internet penetrated markets.”

    Furthermore, as earlier reported by Indiantelevision.com, the VOD service plans to invest $ 2 million in original Indian content. This is a part of its APAC strategy to start sourcing local original content in Asian countries.

    HOOQ, a joint venture of SingTel, Sony Pictures TV and Warner Bros., entered the Indian market in May this year with a catalogue of over 10,000 movies and TV series.

  • HOOQ videos for Hyderabadis through ACT Fibernet

    HOOQ videos for Hyderabadis through ACT Fibernet

    MUMBAI: Singapore based video-on-demand service, HOOQ, has joined hands with Bengaluru’s ACT Fibernet. With this strategic partnership, ACT customers of Hyderabad will be able to avail a month’s free subscription of the service.

    The partnership is being piloted in Hyderabad, and will later be taken to other ACT markets such as Bengaluru, Chennai and Delhi.

    “Under this partnership, ACT customers will be able to avail one month of free HOOQ subscription that translates into a window to unlimited streaming of over 10,000 Hollywood, Bollywood and local movies along with drama titles available on HOOQ,” said HOOQ India MD Salil Kapoor.

    Through this, the viewers can view HOOQ’s exclusives and television shows like Flash, Arrow, Gotham, The Big Bang Theory, Two and a Half Men, etc. Further, the viewers could download the content for viewing at leisure, he explained.

    ACT Group CEO Bala Malladi added, “Hyderabad is one of the highest internet penetrated markets.”

    Furthermore, as earlier reported by Indiantelevision.com, the VOD service plans to invest $ 2 million in original Indian content. This is a part of its APAC strategy to start sourcing local original content in Asian countries.

    HOOQ, a joint venture of SingTel, Sony Pictures TV and Warner Bros., entered the Indian market in May this year with a catalogue of over 10,000 movies and TV series.

  • Unwind on your long weekend with ‘Melissa and Joey’ only on Zee Café

    Unwind on your long weekend with ‘Melissa and Joey’ only on Zee Café

    MUMBAI: Zee Café, the most preferred destination for English entertainment promises to offer you hearty doses of laughter this long weekend with one of the most talked about shows Melissa and Joey. Starting fromAugust 13-15, 1 PM to 6PM, season 1 of the popular sitcom will be aired for the first time ever on Zee Café with 30 episodes being aired across the 3 days.

    A story about two individuals with different personalities raising kids together, Melissa and Joey is laden with hilarious moments and endearing instances. It all begins when Melissa, a city councilwoman ends up being an unlikely guardian to her rebellious niece and nephew after their parents are convicted for financial wrongdoings. To take care of the children and to settle the chaos in their lives, she begins the hunt for a nanny. Melissa hires Joe Longo, a former corporate professional, out on his luck and desperate for a job. The friction and chemistry between the two and the entertaining situations that arise from raising the two teenagers make this a fun and endearing half-hour comedy.

    Zee Café has always scored high with their light-hearted content with popular comedies such as The Big Bang Theory and Two and a Half Men. Melissa and Joey, adding to that list of hilarious sitcoms, promises to entertain audiences from Saturday to Monday.

  • Unwind on your long weekend with ‘Melissa and Joey’ only on Zee Café

    Unwind on your long weekend with ‘Melissa and Joey’ only on Zee Café

    MUMBAI: Zee Café, the most preferred destination for English entertainment promises to offer you hearty doses of laughter this long weekend with one of the most talked about shows Melissa and Joey. Starting fromAugust 13-15, 1 PM to 6PM, season 1 of the popular sitcom will be aired for the first time ever on Zee Café with 30 episodes being aired across the 3 days.

    A story about two individuals with different personalities raising kids together, Melissa and Joey is laden with hilarious moments and endearing instances. It all begins when Melissa, a city councilwoman ends up being an unlikely guardian to her rebellious niece and nephew after their parents are convicted for financial wrongdoings. To take care of the children and to settle the chaos in their lives, she begins the hunt for a nanny. Melissa hires Joe Longo, a former corporate professional, out on his luck and desperate for a job. The friction and chemistry between the two and the entertaining situations that arise from raising the two teenagers make this a fun and endearing half-hour comedy.

    Zee Café has always scored high with their light-hearted content with popular comedies such as The Big Bang Theory and Two and a Half Men. Melissa and Joey, adding to that list of hilarious sitcoms, promises to entertain audiences from Saturday to Monday.

  • Hooq adds exciting American series

    Hooq adds exciting American series

    MUMBAI: Hooq Asia’s first premium video-on-demand service, today announced the addition of new titles to its already extensive content catalogue especially for HOOQ’s Indian Audience. The new titles include some of the most popular and iconic TV shows of all times like Friends, The Big Bang Theory, Two and a Half Men and Community amongst others.

    Friends is an American television sitcom, created by David Crane and Marta Kauffman, which originally aired on NBC from September 22, 1994, to May 6, 2004, lasting ten seasons. The plot is centered around a set of six friends (Rachel Green, Ross Geller, Monica Geller, Joey Tribbiani, Chandler Bing and Phoebe Buffay), living off of one another in the heart of New York City.

    The Big Bang Theory is one of the blockbuster shows that is primarily centered on five characters; the two roommates Leonard Hofstadter and Sheldon Cooper, both physicists who are surrounded by their geeky friends like aerospace engineer Howard Wolowitz and astrophysicist Raj Koothrappali. The showstopper being a character, their neighbour named Penny, a waitress and an aspiring actress. The plot is all about the geekiness and intellect of the four guys in contrast for comic effect with Penny’s social skills and common sense.

    Community is an American television series that follows an ensemble cast of characters at a community college in the fictional town of Greendale, Colorado. It makes heavy use of meta-humor and pop culture references, often parodying film and television clichés and tropes.

    Two and a Half Men is an American television sitcom that originally starred Charlie Sheen (the lead character later being replaced by Ashton Kutcher), Jon Cryer, and Angus T. Jones. The series is about the bumpy life of a hedonistic jingle writer, Charlie Harper; his uptight brother Alan; and Alan’s son Jake.

    Commenting on the new additions,Hooq India managing director Salil Kapoor, said, “We always want to offer our customers the best and most exciting content from across the world and genres. Titles such as Friends, The Big Bang Theory, Two and a Half Men have become iconic symbols which would work very well with the younger audiences. While HOOQ has one of the largest numbers of Hollywood titles and we are very excited to continuously add more content every month. With varied content on our platform, we aim to offer our audiences different flavors with an uninterrupted viewing experience. “

  • Hooq adds exciting American series

    Hooq adds exciting American series

    MUMBAI: Hooq Asia’s first premium video-on-demand service, today announced the addition of new titles to its already extensive content catalogue especially for HOOQ’s Indian Audience. The new titles include some of the most popular and iconic TV shows of all times like Friends, The Big Bang Theory, Two and a Half Men and Community amongst others.

    Friends is an American television sitcom, created by David Crane and Marta Kauffman, which originally aired on NBC from September 22, 1994, to May 6, 2004, lasting ten seasons. The plot is centered around a set of six friends (Rachel Green, Ross Geller, Monica Geller, Joey Tribbiani, Chandler Bing and Phoebe Buffay), living off of one another in the heart of New York City.

    The Big Bang Theory is one of the blockbuster shows that is primarily centered on five characters; the two roommates Leonard Hofstadter and Sheldon Cooper, both physicists who are surrounded by their geeky friends like aerospace engineer Howard Wolowitz and astrophysicist Raj Koothrappali. The showstopper being a character, their neighbour named Penny, a waitress and an aspiring actress. The plot is all about the geekiness and intellect of the four guys in contrast for comic effect with Penny’s social skills and common sense.

    Community is an American television series that follows an ensemble cast of characters at a community college in the fictional town of Greendale, Colorado. It makes heavy use of meta-humor and pop culture references, often parodying film and television clichés and tropes.

    Two and a Half Men is an American television sitcom that originally starred Charlie Sheen (the lead character later being replaced by Ashton Kutcher), Jon Cryer, and Angus T. Jones. The series is about the bumpy life of a hedonistic jingle writer, Charlie Harper; his uptight brother Alan; and Alan’s son Jake.

    Commenting on the new additions,Hooq India managing director Salil Kapoor, said, “We always want to offer our customers the best and most exciting content from across the world and genres. Titles such as Friends, The Big Bang Theory, Two and a Half Men have become iconic symbols which would work very well with the younger audiences. While HOOQ has one of the largest numbers of Hollywood titles and we are very excited to continuously add more content every month. With varied content on our platform, we aim to offer our audiences different flavors with an uninterrupted viewing experience. “

  • Zee Café content line-up for January 2016

    Zee Café content line-up for January 2016

    MUMBAI: After having entertained its viewers all of 2015, Zee Café, the most preferred destination for English Entertainment, promises to continue enthralling its audience with the best and the latest shows all through 2016. 

     

    Gear up to celebrate Republic Day with Zee Café as the channel premieres a marathon of the final season of Cougar Town on 26 January 2016, 1:30 pm onwards. Also get your daily dose of laughter on ‘Comedy Rules @ 8’ on Zee Café with shows such as Two and a Half Men and Mike&Molly from 8:00pm to 9:00pm.

     

    Switched At Birth season 4 premieres on 10 January 2016 at 10:00 pm and will air every Saturdays and Sundays. Also don’t forget to catch the finale of the mini-series, The Astronaut Wives Club on 9 January 2016 at 10:00 pm only on Zee Café.

     

     Apart from the specials and the sitcoms, Along With the U.S. shows such as The Big Bang Theory, and The Vampire Diaries continue to woo the viewers this year. That is not it, tune-in to watch the ongoing shows like Pretty Little Lairs and America’s Got Talent and revel in the blend of amazing shows to keep you entertained throughout the week. And this is just the start!

  • Time Warner revenues up 5% to $6.6 billion led by HBO & Warner Bros

    Time Warner revenues up 5% to $6.6 billion led by HBO & Warner Bros

    MUMBAI: Time Warner Inc’s revenue in the third quarter ended 30 September, 2015 was up five per cent to $6.6 billion. The revenue growth was led by Home Box Office (HBO) and Warner Bros, which was partially offset by higher intercompany eliminations and a decline at Turner. 

     

    Adjusted Operating Income grew 85 per cent to $1.8 billion due to growth across all operating divisions, reflecting the absence of programming charges incurred in 2014 at Turner and lower restructuring and severance charges across all segments, partially offset by higher intercompany eliminations.

     

    Revenues and Adjusted Operating Income included the unfavorable impact of foreign exchange rates of $290 million and $160 million, respectively, in the quarter. Operating Income increased 89 per cent to $1.8 billion.

     

    Time Warner chairman and CEO Jeff Bewkes said, “We had another very good quarter, with revenues up five per cent and strong growth in Adjusted Operating Income, which totaled $1.8 billion. Our revenue growth was led by Warner Bros. and Home Box Office, and illustrated how our investments in great content have been paying off in our traditional television businesses, as well as in newer areas such as video games. In September, HBO received a record 43 Primetime Emmy Awards, the most of any network for the 14th  consecutive year. That included 12 awards for Game of Thronessetting a record for a series in a single year,” he added.

     

    The company posted Adjusted Diluted Income per Common Share from Continuing Operations (Adjusted EPS) of $1.25 versus $1.22 for the prior year quarter. Excluding a net tax benefit of $639 million, programming charges at Turner and restructuring and severance charges in the prior year quarter, Adjusted EPS would have been $0.97 in the prior year quarter. Diluted Income per Common Share from Continuing Operations was $1.26 compared to $1.11 in the prior year quarter.

     

    For the first nine months of 2015, Cash Provided by Operations from Continuing Operations reached $3 billion and Free Cash Flow totaled $2.9 billion. As of 30 September, 2015, net debt was $21.2 billion, up from $19.8 billion at the end of 2014, due to share repurchases, dividends and investments and acquisitions, partially offset by the generation of Free Cash Flow.

     

    Segment Performance

     

    Time Warner’s segments performance for the third quarter of 2015 is as follows:

     

    TURNER

     

    Revenues decreased two per cent ($48 million) to $2.4 billion, due to declines of 15 per cent ($18 million) in Content and other revenues, one per cent ($17 million) in Subscription revenues and one per cent ($13 million) in Advertising revenues.

     

    Content and other revenues decreased due to lower subscription video-on-demand (VOD) revenues. The decline in Subscription revenues was due to the impact of foreign exchange rates and a decline in domestic subscribers, partially offset by higher domestic rates and local currency growth at Turner’s international networks. Advertising revenues decreased due to the impact of foreign exchange rates and the absence of NASCAR programming, partially offset by local currency growth at Turner’s international networks. Domestic advertising was flat in the quarter.

     

    Adjusted Operating Income increased 206 per cent ($721 million) to $1.1 billion, as the decline in revenues was more than offset by lower expenses, including decreased programming costs and lower restructuring and severance costs. Programming costs decreased 45 per cent primarily due to the absence of the prior year quarter’s $482 million of charges related to Turner’s decision to no longer air certain programming. Excluding these charges in the prior year, programming costs decreased in the high-single digits mainly due to the absence of NASCAR programming.

     

    Operating Income increased 218 per cent ($735 million) to $1.1 billion.

     

    TNT’s NBA Opening Night doubleheader averaged 2.9 million total viewers, up 24 per cent over last year, and generated double-digit growth across all key demographics. TBS’ Major League Baseball postseason coverage averaged 6.3 million total viewers, up close to 50 per cent compared to last year, and was the network’s most watched postseason ever. For the 30th consecutive quarter, Adult Swim was ad-supported cable’s #1 total day network among adults 18-34, and it was #1 among adults 18-49 in the third quarter. CNN’s recent coverage of the Republican presidential debate garnered over 23 million average viewers – making it CNN’s most watched program ever – and the Democratic presidential debate reached over 15 million average viewers – making it the most watched Democratic debate ever on cable. CNN continued to grow primetime ratings across all key demographics, up 39 per cent and 35 per cent for adults 18-49 and 25-54, respectively, in the third quarter. Cartoon Network was once again the only top 3 kids network to grow ratings in the quarter, and ranked as the #1 ad-supported cable network in total day ratings among kids 6-11.

     

    HOME BOX OFFICE

     

    Revenues increased five per cent ($63 million) to $1.4 billion, due to increases of four per cent ($44 million) in Subscription revenues and 13 per cent ($19 million) in Content and other revenues. Subscription revenues grew primarily due to higher domestic rates, partially offset by lower international revenues, which included the impact of the transfer to Turner of the operation of HBO’s basic cable network in India. The increase in Content and other revenues primarily reflected higher domestic licensing revenues.

     

    Adjusted Operating Income increased 37 per cent ($139 million) to $519 million, reflecting higher revenues and lower expenses. The decrease in expenses was mainly due to lower restructuring and severance costs as well as decreased distribution and programming costs, partially offset by higher marketing and technology costs. Programming costs decreased six per cent primarily reflecting lower acquired theatrical programming costs. The higher marketing and technology costs related to HBO NOW, HBO’s stand-alone streaming service.

     

    Operating Income increased 37 per cent ($139 million) to $519 million.

     

    WARNER BROS.

     

    Revenues increased 15 per cent ($415 million) to $3.2 billion, reflecting higher video games and television licensing revenues, partially offset by the impact of foreign exchange rates, the absence of revenues from a patent license and settlement agreement in the prior year quarter and lower theatrical revenues. The increase in video games revenues was primarily due to the releases of LEGO Dimensions and Mad Max, as well as carryover revenues from several titles, including Mortal Kombat X and Batman: Arkham Knight. Television licensing revenues benefited from the initial cable and off-network availability of 2 Broke Girls and the initial cable availability and subscription video-on-demand licensing of Person of Interest.

     

    Adjusted Operating Income increased 61 per cent ($147 million) to $388 million, due to the increase in revenues, lower theatrical and video games valuation adjustments and decreased restructuring and severance costs, partially offset by higher print and advertising costs.

     

    Operating Income increased 62 per cent ($148 million) to $385 million.

     

    Season-to-date among adults 18-49: Blindspot and Supergirl ranked as the top two new series, The Voice ranked as the #1 non-scripted series and The Big Bang Theory ranked as the #1 comedy and #2 series overall in primetime on broadcast television. For the first nine months of the year, Warner Bros. ranked as the top US video game publisher, and Mortal Kombat X was the #1 videogame.

     

    CONSOLIDATED NET INCOME AND PER SHARE RESULTS

     

    Third-Quarter Results

     

    Adjusted EPS was $1.25 for the three months ended 30 September, 2015, compared to $1.22 in last year’s third quarter. The increase in Adjusted EPS primarily reflects higher Adjusted Operating Income and fewer shares outstanding, offset in part by higher taxes as a result of the $639 million net tax benefit in the third quarter of 2014 mainly related to the reversal of certain tax reserves in connection with an audit settlement.

     

    For the three months ended 30 September, 2015, the company had Income from Continuing Operations of $1 billion, or $1.26 per diluted common share. This compares to Income from Continuing Operations attributable to Time Warner common shareholders in the third quarter of 2014 of $966 million, or $1.11 per diluted common share.

     

    For the third quarters of 2015 and 2014, the company had Net Income of $1.0 billion and $967 million, respectively.