ROUNDUP

Time Warner Inc., the world’s biggest media and entertainment company, lost $144 million, or 41 cents a share, in the three months ended Sept. 30, in contrast to a loss of $32 million, or 9 cents a share, a year ago. The loss would have been larger if dividends owed holders of preferred stock are included in the calculations.

Revenue for the New York-based parent company and its majority-owned entertainment and cable venture rose 6% to $4.3 billion from $4.1 billion.

The company got double-digit percentage increases in earnings from its Time Inc. publishing unit, Warner Bros. filmed entertainment business, Home Box Office pay-TV services and its cable systems.

But the music business, the industry leader for more than a decade, posted a 17.4% decline in its earnings before interest, taxes and the direct mail shutdown. Time Warner executives said the decline was due to a temporary dip in international sales related to unanticipated delays in getting albums to market.