13 Facts About Time Warner


Time Warner Media, LLC was an American multinational mass media and entertainment conglomerate.

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Time Warner was ranked No 98 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

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Time Warner Communications served as the parent company for Time Warner Bros.

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In 1979, Time Warner formed a joint venture with credit card company American Express called Time Warner-Amex Satellite Entertainment.

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Time Warner bought out American Express's half in 1984 and sold the venture a year later to the original iteration of Viacom, which renamed it MTV Networks .

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From 1976 to 1984, Time Warner Communications owned Atari, Inc, but suffered substantial losses due to the video game crash of 1983, and had to spin them off in 1984.

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Time Warner completed its purchase of Six Flags Theme Parks in 1993 after buying half of the company in 1991, saving it from financial trouble.

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Time Warner had been looking for a way to embrace the digital revolution, while AOL wanted to anchor its stock price with more tangible assets.

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In 2009, Time Warner spun out its Time Warner Cable division, and later AOL, as independent companies; AOL was later purchased by Verizon in 2015.

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In June 2012, Time Warner acquired Alloy Entertainment, a publisher and television studio whose works are aimed at teen girls and young women.

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In January 2014, Time Warner, Related Companies, and Oxford Properties Group announced that the then Time Warner intended to relocate the company's corporate headquarters and its New York City-based employees to 30 Hudson Yards in the Hudson Yards neighborhood in Chelsea, Manhattan, and has accordingly made an initial financial commitment.

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Time Warner sold its stake in the Columbus Circle building for $1.

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Time Warner warned the government that attempting to obtain an appeal or stay on the ruling would be manifest unjust, as it would cause "certain irreparable harm to the defendants".

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