Time Warner
Org. type
Cooperative
Founders
Richard Parsons
Founded in
1972
Category
product
About
WarnerMedia, LLC is a leading American multinational entertainment and media corporation that was founded in 1990. The company is headquartered in New York City and is a subsidiary of AT&T Inc.
WarnerMedia operates a diverse portfolio of businesses across various segments of the entertainment and media industry. Its operations include cable television networks such as HBO, CNN, and TBS; film and television production companies such as Warner Bros. Pictures and New Line Cinema; and digital media properties such as Bleacher Report and the streaming service HBO Max.
As of 2021, WarnerMedia has more than 25 brands in its portfolio, including well-known names such as DC Comics, Cartoon Network, and Turner Broadcasting. The company's operations span the United States and other countries around the world.
In recent years, WarnerMedia has made significant investments in digital media and streaming services. Its streaming platform, HBO Max, offers a range of content from across the company's various brands, including original programming and exclusive content.
WarnerMedia has also been involved in a number of high-profile mergers and acquisitions. In 2016, the company was acquired by AT&T Inc. in a deal valued at over $85 billion. More recently, AT&T announced that it would be spinning off WarnerMedia and merging it with Discovery, Inc. to create a new media company.
Funding details
Industry
Service /Product types
City
New York in Time Warner
Website
