Time Inflatable Water Walking Ball fourth quarter revenu climb 2.2% to $7,320 million, driven by growth experienc across Network and Film Entertain segments, partial offset by a declin in the Publish segment. Adjust oper incom befor depreci and amort OIBDA rose 34.9% to $1,516 million.
Network revenu jump 4.1% to $3,058 million, driven by 11% growth in subscript revenue, offset by a 22% fall in content revenu and a 4% declin in advertis revenue.
Film Entertain revenu climb 6.6% to $3,320 million, driven by strong theatric releas and growth in revenu from home video and interact games.
Time Warner is still grappl with the slump in advertis demand with advertis migrat to the Internet driven by increas onlin readership. Consequently, Publish revenu dip 13.2% to $1,101 million, reflect a 12% fall in advertis revenue, 6% declin in subscript revenu and 28% drop in other revenue.
A t the end of fiscal year 2009, Time Warner had cash and cash equival of $4,800 million, long-term debt of $15,357 million and sharehold equiti of $33,726 million. The compani end the year with free cash flow of $2,856 million.
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