New York, NY, United States (AHN) – Time Warner Inc. (TWX) beat market expectations with second-quarter earnings that were 14 percent higher than a year earlier.

New York-based Time Warner saw its revenues grow at the fastest pace in nearly four years. On Wednesday, the company reported Q2 net income of $638 million, or 59 cents per share from $562 million and 49 cents per share a year earlier.

Time Warner is the parent company of CNNMoney.com, Fortune and Warner Bros. film studios. The Time Warner network cable channels division includes the HBO, TBS, TNT and the Cartoon Network channels. That division also saw business rise. It went up by 8.9 percent to $3.45 billion.

All of its divisions were profitable, including movies and publishing.

The company saw filmed entertainment division revenue soar by 13 percent to $2.85 billion during the second quarter.

In its publishing division, revenue rose 2.9 percent to $946 million for the second quarter. Time Warner publishes 21 domestic magazines including Fortune, People and Time and has announced it will offer all of them on tablet devices by year’s end.

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