Time-Warner Inc.: The company posted a fourth-quarter...

Time-Warner Inc.: The company posted a fourth-quarter net loss of $34 million, compared to a loss of $222 million a year ago. Revenue was $3.3 billion, a 6% gain. For all of 1990, the New York-based entertainment company reported a net loss of $227 million, compared to a $256-million loss in 1989. Revenue reached $11.5 billion, up 51%. Time-Warner attributed the latest losses to interest expense and the accounting treatment associated with the acquisition of Warner Communications Inc.