Time Warner

Categories: News
    • Stock symbol: TWX, NYSE
    • Annual revenue (2007): $46.482 billionHoovers: Time Warner Inc.
    • Year Established: 1990
    • Industry: Media
    • Phone: 1-212-484-8000
    • Fax: 1-212-489-6183
    • HQ: New York, New York State
    • President and CEO: Jeffrey L. Bewkes
    • CFO: John K. Martin Jr.
    • Staff: 86,400Hoovers: Time Warner Inc.
    • Other key people: Richard D. Parsons, Chairman of the Board
  • Headquartered in New York City, Time Warner is one of the largest media and entertainment companies in the United States. Time Warner is the result of the merger of three companies: Warner Communications, Inc., Time Inc. and AOL.

    On February 4, 2009, the company's Time Warner Cable division announced that it would lay off 1,250 employees, or about 3% of its total workforce, in spite of an optimistic outlook for 2009 profits.Reuters: Time Warner Cable to cut 1250 jobs (February 4, 2009)

  • Key Dates

    • 1972: Warner Communications was established
    • 1976: Nolan Bushnell sells Atari to Warner Communications
    • 1980: Acquires the Franklin Mint
    • 1983: Warner sells video game division
    • 1990: Time Inc. and Warner merge new company, Time Warner
    • 2000: Time Warner is acquired by AOL
    • 2006: CBS and Time Warner creates a new network, The CW

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