INDUSTRY: Broadcasting & Cable
FOUNDED: 1985
COUNTRY/TERRITORY: United States
HEADQUARTERS: New York, New York
WarnerMedia
Media company
Warner Media, LLC was an American multinational mass media and entertainment conglomerate. It was headquartered at the 30 Hudson Yards complex in New York City, United States. Wikipedia
Founder: Stephen Jay Ross
Headquarters: New York, NY
Founded: January 10, 1990
Defunct: April 8, 2022; 5 months ago
Parent organization: Warner Bros. Discovery
Subsidiaries: Warner Bros. Pictures, Turner Broadcasting System, New Line Cinema, More
Merger
In 2018, after AT&T's acquisition of Time Warner, the company was renamed Warner Media. On October 22, 2016, AT&T officially announced that they intended on acquiring Time Warner for $85.4 billion (including assumed Time Warner debt), valuing the company at $107.50 per share.
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Founded on February 10, 1972
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"Time Warner" redirects here. For the former cable television operator in the United States separated from Time Warner in 2009, see Time Warner Cable.
Warner Media, LLC (traded as WarnerMedia; formerly known as Time Warner from 2003 to 2018, AOL Time Warner from 2001 to 2003, Time Warner Entertainment Inc. or Time Warner Entertainment Company, L.P. from 1992 to 2001, Time-Warner from 1990 to 2001 and from 1972 to 1990, Warner Communications) was an American multinational mass media and entertainment conglomerate corporation. It was headquartered at the 30 Hudson Yards complex in New York City, United States.
Warner Media, LLC
WarnerMedia (2019) logo.svg
Final logo used from 2019–2022
Hudson Yards from Hudson Commons (95131p) (30 Hudson Yards).jpg
30 Hudson Yards, WarnerMedia's headquarters in New York City
Trade name
WarnerMedia
Formerly
Warner Communications Inc.
(1972–1990)
Time-Warner Inc.
(1990–2001)
Time Warner Entertainment Inc. or Time Warner Entertainment Company, L.P.
(1992–2001)
AOL Time Warner Inc.
(2001–2003)
Time Warner Inc.
(2003–2018)
Industry
Media
Entertainment
Predecessors
Kinney National Company (1966–1972)
Time Inc. (1922–1990)
Founded
February 10, 1972; 50 years ago
Founders
Steve Ross
Alex Lovy
Defunct
April 8, 2022; 47 days ago
Fate
Merged with Discovery, Inc.
Successor
Warner Bros. Discovery
Headquarters
30 Hudson Yards, New York City, US
Area served
Worldwide
Key people
Jason Kilar (CEO)
Andy Forssell (Head of operations, Direct)
Ann Sarnoff (Chairwoman and CEO, Studios and Networks; Chairwoman and CEO, Warner Bros.)
Michael Bass, Amy Entelis and Ken Jautz (CNN interim co-heads)
Gerhard Zeiler (CRO; Chairman, International)
Tony Goncalves (President, Commercial; CEO, Otter Media)
Brands
Adult Swim AT&T SportsNet Boomerang Cartoon Network Cartoonito Cinemax CNN CNN+ DC Comics HBO Hanna-Barbera Studios Europe HBO Max HLN TBS The CW (50%) TNT TruTV Turner Classic Movies Warner Bros. Warner TV
Revenue
Increase US$35.63 billion (2021)
Operating income
Decrease US$7.24 billion (2021)
Number of employees
25,600 (2015) Edit this on Wikidata
Parent
AT&T (2018–2022)
Divisions
WarnerMedia Studios & Networks
WarnerMedia News & Sports
WarnerMedia Sales & Distribution
WarnerMedia Direct
WarnerMedia International
Website
warnermedia.com
Footnotes / references
[1][2][3][4][5]
It was originally established in 1972 by Steve Ross as Warner Communications, and Time Warner was created in 1990, following a merger between Time Inc. and the original Warner Communications. The company has film, television and cable operations, with its assets including WarnerMedia Studios & Networks (consisting of the entertainment assets of Turner Broadcasting, HBO, and Cinemax as well as Warner Bros., which itself consists of the film, animation, television studios, the company's home entertainment division and Studio Distribution Services, its joint venture with Universal Pictures Home Entertainment, DC Comics, New Line Cinema, and, together with CBS Entertainment Group[6], through its Warner Bros. Entertainment subsidiary, a 50% interest in The CW television network); WarnerMedia News & Sports (consisting of the news and sports assets of Turner Broadcasting, including CNN, Turner Sports, and AT&T SportsNet); WarnerMedia Sales & Distribution (consisting of digital media company Otter Media); and WarnerMedia Direct (consisting of the HBO Max streaming service).
Despite spinning off Time Inc. in 2014, the company retained the Time-Warner name from 1990, also becoming Time Warner in 2003, until 2018. In 2018, after AT&T's acquisition of Time Warner, the company was renamed Warner Media.[7] On October 22, 2016, AT&T officially announced that they intended on acquiring Time Warner for $85.4 billion (including assumed Time Warner debt), valuing the company at $107.50 per share.[8][9] The proposed merger was confirmed on June 12, 2018,[10] after AT&T won an antitrust lawsuit that the U.S. Justice Department filed in 2017 to attempt to block the acquisition.[11] The merger closed two days later, with the company becoming a subsidiary of AT&T.[12] The company's current name was adopted a day later.[13] Under AT&T, the company moved to launch a streaming service built around the company's content, known as HBO Max. WarnerMedia refolded Turner's entertainment-based networks under a singular umbrella unit on August 10, 2020, through a consolidation of the WarnerMedia Entertainment and Warner Bros. Entertainment assets into a new unit, WarnerMedia Studios & Networks Group.[14][15] On May 17, 2021, nearly three years after the acquisition, AT&T decided to leave the entertainment business and announced that it had proposed to relinquish its ownership of WarnerMedia and merge it with Discovery, Inc. to form a new publicly traded company, Warner Bros. Discovery, under Discovery Inc.'s CEO David Zaslav. The deal was closed on April 8, 2022.
The company's previous assets included Time Inc., TW Telecom, AOL, Time Warner Cable, AOL Time Warner Book Group, and Warner Music Group; these operations were either sold to others or spun off as independent companies. The company was ranked No. 98 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.[16]
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Last edited on 24 May 2022, at 19:32
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WarnerMedia is a powerful portfolio of iconic entertainment, news, and sports brands. We bring people, technology, and the world’s best storytellers
Time Warner, Inc. is a media and entertainment company, which engages in the provision of cable network, filmed entertainment, and publishing services. It operates through the following segments: Turner, Home Box Office, and Warner Bros. The Turner segment consisting of cable networks and digital media properties. The Home Box Office segment consists of businesses managed by Home Box Office, Inc. The Warner Bros segment produces and distributes television shows, feature films, and videogames. The company was founded on January 10, 1990 and is headquartered in New York, NY.
INDUSTRY:
Broadcasting & Cable
FOUNDED:
1985
COUNTRY/TERRITORY:
United States
HEADQUARTERS:
New York, New York
Time Warner and Time Warner Cable
When Time Inc. and Warner Communications announced their merger, the new company lacked a trademark. Warner was primarily concerned with entertainment, Time with journalism. So their common denominator needed to be much broader: looking and listening, reading and hearing, receiving and sending. The new logo was a pictograph combination of an eye and ear, the essence of communication. Originally associated with the corporate parent, the mark has now become the symbol for Time Warner Cable, one of the most profitable divisions of the corporation.
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