Time Warner, Inc. operates as a media and entertainment company in the United States and internationally. It operates in four segments: Cable, Filmed Entertainment, Networks, and Publishing.
The Cable segment offers video, high-speed data, and voice services over its broadband cable systems to residential and commercial customers, as well as sells advertising time to various national, regional, and local businesses. Its services primarily comprise analog and digital video services; video on demand; high-definition television services; set-top boxes equipped with digital video recorders; digital phone service; commercial video and high-speed data services; and Internet access, Web site hosting, and managed security services.
The Filmed Entertainment segment produces and distributes theatrical motion pictures, television shows, and animation and other programming, as well as distributes home video products, and licenses rights to its feature films, television programming, and characters.
The Networks segment provides domestic and international networks and pay television programming services, which consist of the multi-channel HBO and Cinemax pay television programming services.
The Publishing segment publishes magazines, and operates a range of Web sites, as well as certain direct-marketing and direct-selling businesses. It publishes magazines on celebrities; sports; lifestyle, beauty, and fashion; life, home, body, and soul; news and events; economic and business developments; and consumer.
In October 2016 AT&T and Time Warner announced they entered into a definitive agreement under which AT&T acquired Time Warner for more than $80 billion.
|FY, 2010||FY, 2011||FY, 2012||FY, 2013||FY, 2014||FY, 2015|
|$26.9 B||$29 B||$28.7 B||$29.8 B||$27.4 B||$28.1 B|
|$13.6 B||$11.5 B||$12 B|
|$6.76 B||$6.13 B||$6.99 B|
|$3.69 B||$3.83 B||$3.83 B|
Operating cash flow
|$-979 M||$802 M||$-463 M|