Time Warner 's Home Box Office division has dominated headlines for the business this year. The service pulled in a record 43 Emmy Awards in 2015, leading all networks on the strength of its blockbuster Game of Thrones series. In April, it finally became available as a stand-alone app, giving it access to the fast-growing streaming-video market.
Yet HBO's operating results don't put it on top in a ranking of the broadcasting giant's best-performing business segments. That honor, instead, goes to the Warner Bros division, which is home to successful television, film, and importantly, video-game studios.
But Activision should take overall first prize again with a big assist from the latest installment of the global powerhouse Call of Duty franchise. Meanwhile, Electronic Arts' Battlefront game seems well positioned to benefit from Star Wars mania as we close out the year. EA executives are expecting to sell as many as 13 million copies of that title. Against hits like those, Time Warner isn't likely to hold its No. 1 position through Q4.
Still, investors have to be pleased that Warner Bros made such a big contribution, even as the movie studio struggled. "Our business is intentionally diverse," an executive told The Wall Street Journal in October, "so in a year where we've faced challenges at the box office, our games and TV businesses have been off the charts."
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The article Time Warner Inc.'s Best Business Segment in 2015 originally appeared on Fool.com.
Demitrios Kalogeropoulos owns shares of Activision Blizzard. The Motley Fool owns shares of and recommends Activision Blizzard. The Motley Fool recommends Time Warner. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
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