Time Warner Inc
Third-quarter net income fell to $661 million, or 55 cents a share, from $1.07 billion, or 89 cents a share, a year earlier.
Profit after adjusting for special items was 61 cents a share.
Analysts forecast earnings of 53 cents a share, according to Thomson Reuters I/B/E/S.
Revenue fell 6 percent to $7.1 billion, similar to the analysts' forecast of $7.1 billion.
(Reporting by Paul Thomasch; Editing by Lisa Von Ahn)