Time Warner is a multinational media and entertainment conglomerate based in the United States. The company was originally formed in 1989 through a merger between Time Inc. In 2000, the company merged with America Online (AOL) to become AOL Time Warner.

However, in 2003, the company dropped the AOL name and became known as Time Warner once again. Time Warner's headquarters is located in New York City. The building, known as the Time Warner Center, is situated in the Columbus Circle neighborhood of Manhattan.

It serves as a hub for the company's various divisions and subsidiaries. Time Warner operates in several sectors of the media and entertainment industry. The company's main divisions include WarnerMedia, HBO, Turner Broadcasting System, and Warner Bros.

Entertainment. WarnerMedia is the entertainment division responsible for the creation, distribution, and marketing of television programming and films. HBO is a premium cable and satellite television network known for its original programming.

Turner Broadcasting System owns and operates several cable television networks, including CNN, TNT, and Cartoon Network. Warner Bros. Entertainment is a major film studio and producer of television programming.

On a global scale, Time Warner has a significant presence. It operates in various countries around the world and has established subsidiaries and joint ventures in different regions. Noteworthy subsidiaries include Warner Bros., WarnerMedia International, and HBO Europe.

Time Warner also has partnerships and collaborations with other media companies, such as Hulu, which is co-owned by several major media companies including Time Warner. In terms of market position, Time Warner is a key player in the media and entertainment industry. It competes with other conglomerates such as Walt Disney Company and 21st Century Fox.

Time Warner has consistently ranked among the top global media companies in terms of revenue. In 2018, the company reported annual revenue of over $31 billion. Over the years, Time Warner has undergone significant changes and achieved various milestones.

One notable event was the divestiture of AOL in 2009, which marked a shift in the company's strategy. Another milestone was the acquisition of Time Warner by telecommunications giant AT&T in 2018. This merger created WarnerMedia, a new entity that combines the entertainment assets of Time Warner with AT&T's distribution capabilities.

As of the latest updates, Time Warner has been fully integrated into WarnerMedia and continues to operate under the WarnerMedia brand. The company remains a major force in the media and entertainment industry, producing and distributing a wide range of content across various platforms, including television, film, and streaming services