Time Warner, owner of Warner Bros. film studios and HBO, reported a third-quarter profit that beat analysts’ estimates as the latest “Harry Potter” movie boosted sales at its film division.

Earnings, excluding some costs, rose to 79 cents a share from 62 cents a year earlier. Analysts predicted 75 cents.

“Harry Potter and the Deathly Hallows: Part 2,” the last film in the franchise, has generated at least $1.33 billion in ticket sales worldwide since its July premiere.

Sales rose 11 percent to $7.07 billion, vs. Wall Street estimates of $6.97 billion. Sales were boosted by advertising demand at television networks and new digital distribution deals, allaying concerns that online rivals such as Netflix would derail traditional media businesses.