WarnerMedia

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WarnerMedia
WarnerMedia Logo.jpg
Founded January 10, 1990
President John Stankey
Notable Works
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WarnerMedia (formerly Time Warner Inc.), a Delaware corporation, is one of the world's largest media and entertainment companies. The merger of Warner Communications and Time Inc., effective in January 1990, along with a second merger in October 1996 with Turner Broadcasting System, built the base of the current corporation. On June 14, 2018, AT&T acquired Time Warner and renamed it WarnerMedia,[1] two days after it won an antitrust lawsuit filed in 2017 by the United States Justice Department's Antitrust division to try to block the purchase.[2]

WarnerMedia owns in 2018 three operative divisions, which operate at least partial television-related businesses.

Current Divisions

Former Divisions

  • AOL, divested and spun off into a separate company in December 2009
  • New Line Cinema, folded into Warner Bros. Entertainment in 2008
  • Time, spun off on June 9, 2014; now owned by Meredith Corporation
  • Time Warner Cable, divested and spun off into a separate company in March 2009

References

  1. Time Warner unveils its new name: WarnerMedia
  2. AT&T Completes Acquisition of Time Warner Inc.