• by Wayne Friedman , August 2, 2017

Overall, second-quarter advertising revenues dipped at Turner networks by 6% -- or $80 million.

Results were due to the absence of finals games of NCAA Men’s Basketball tournament, two fewer NBA playoff games and lower ratings at its networks.

This was partially offset by new business advertising growth at Turner’s international networks.

Revenues at Turner grew 3% to $3.1 billion -- with much of the gains coming from a 13% hike ($187 million) in subscription revenues. Turner also witnessed a 8% decline ($15 million) in content and other revenues.

Turner’s sister TV group -- HBO -- posted a 1% improvement in revenue to $1.5 billion. It had a 8% gain in subscription revenue, but a 44% sinking in content and other revenue deals.

Warner Bros. revenues were up 12% to $3 billion from higher theatrical and video game revenues. Theatrical results was mainly due to the big box-office release of "Wonder Woman," grossing $800 million globally, and higher home entertainment revenues from “The LEGO Batman Movie.”

There were lower television revenues.

Time Warner -- which has an $85 billion deal to be acquired by AT&T -- gained 5% to $7.3 billion in revenues with net income up 12% to $1.1 billion.