Time Warner is one of the world's largest media companies, headquartered in the Time Warner Center in New York City. Formerly two separate companies, Warner Communications, Inc. and Time Inc., form the current Time Warner, with major operations in film, television and publishing. Among its subsidiaries are New Line Cinema, Time Inc., HBO, Turner Broadcasting System, The CW Television Network, TheWB.com, Warner Bros., Kids' WB, Cartoon Network, Boomerang, Adult Swim, CNN, DC Comics, Warner Bros. Animation, Cartoon Network Studios and Castle Rock Entertainment. The company used to also have... telecommunications assets through Time Warner Cable and AOL, but in 2009, they were spun off from Time Warner into independent companies. In 1972, Kinney National Company spun off its non-entertainment assets due to a financial scandal over its parking operations and renamed itself Warner Communications Inc. It was the parent company for Warner Bros. Pictures and Warner Music Group during the 1970s and 1980s.
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| NYSE symbol: | TWX |
| Founded: | 1990 |
| Headquarters: | New York City, New York |
| Annual revenue: | $46,984,000,000 |
| Net income: | $-13,402,000,000 |
| Operating income: | $-15,957,000,000 |
| Market cap: | $60,000,000,000 |
| Employees: | 86,000 |
| Industries: | Broadcasting, Publishing, Motion Picture and Video Production, Telecommunications, Music industry, Conglomerate, Media, Internet Publishing and Broadcasting and Web Search Portals |