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Time Warner CFO Sees More Profit Upside at Studio Unit, CNN

3:47 PM PST 3/8/2011 by Georg Szalai

John Martin also discusses Warner Bros.' film rental trial with Facebook, saying it is an early test, but "social media might advantage the type of content that we make."

NEW YORK -- Time Warner expects another record profit for CNN this year and sees continued profit growth opportunities in its filmed entertainment unit, thanks to possible upside in TV production and consumer products and from new franchises, TW CFO John Martin said Tuesday.

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