Time Warner Inc. is an American multinational media and entertainment conglomerate headquartered in New York City, NY. It was first founded in 1990 under the name Time Warner Cable, when it was established by Time Board of Directors as a spinoff from its then-parent company Time Inc., merging with cable giant American Television & Communications Corporation (ATC). In 1996, the company changed its name to Time Warner and acquired Turner Broadcasting System for $7.5 billion. Over the next decade, the company made a number of significant mergers and acquisitions such as AOL in 2000 and Turner Entertainment Group in 2001. With these acquisitions the company created some of their most successful divisions including CNN, HBO, Cartoon Network and TheWB.com while expanding into markets around the globe over 140 countries worldwide by 2008 using different subsidiaries like Warner Bros Pictures or New Line Cinema. Since 2009 however Warner has faced increasing competition as other media conglomerates emerge; leading to several restructuring attempts that have seen large dips in stock prices at times. Nevertheless they remain a dominant player within all areas of this industry; creating content ranging from books to games to films with digital distribution being extensively utilized across many devices now available on market today.
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ONE TIME WARNER CENTER ROOM 16-118, NEW YORK, NY 100198016