Time Warner Inc.’s profit passed Wall Street expectations in the second quarter - its performance was bolstered by the launch of who highly successful video games, "Batman: Arkham Knight" and "Mortal Kombat X."
Video games are one of the few media products left which cannot be streamed or easily pirated.
The company's earnings came to $971m , or $1.16 a share - this was up from $850m, or 95 cents per share 12 months ago.
Although the company is growing - investors have been dumping the stock, it fell by 9 percent at one point yesterday. This is due to concerns about the long-term prospects of the company which relies on increasingly-outdated cable TV packages.
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Tesla stocks fell by 6 percent when it lowered its projections for how many cars it will deliver in 2015 - in March it said the figure would be 55,000 - this was revised yesterday to between 50,000 and 55,000.
The company also recorded bigger-than-expected losses of $184m as it aggressively invests in new facilities - analysts had expected this figure to be only $126m.
Overall Tesla's share price has remained up 20 percent year-on-year.
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21st Century Fox beat expectations with its latest set of financial results - advertising and sports programming were strong, but the company's entertainment offerings struggled.
It's fourth quarter figures showed a profit of 39 cents per share on revenues of $6.21bn. This was down from revenue of $8.42bn one year ago.
Executive Chairman Rupert Murdoch commented on the results "We made clear operational strides over the last year that will further position us to benefit from the strong and growing global demand for high-quality video content."
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Over 400,000 more visitors came to Ireland in the first half of this year. There's been an 11.7 percent jump in the number of tourists visiting the country compared to the same time last year.
Ireland now welcomes 10 percent of all American visitors to Europe. There's been an increase in the number of visitors coming here from Britain, Germany, Italy, France and Spain.
Meanwhile, Minister for Transport and Tourism Paschal Donohoe has claimed the government's low tax rates for the tourism sector is enabling strong growth in the industry.
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The Irish insurance market is very challenging for many operators at the moment, but there are solid financial results from one player this morning, Aviva Ireland.
It has announced operating profits from its life and pensions; health and general insurance operations of €45m for the half year to June, up from €25m at the same stage last year.
General insurance profits more than doubled to €22m but profits nearly halved in health, to €2.6m, this was due to higher hospital charges and increased claims frequency.
