Warner Media, doing business as WarnerMedia, is an American multinational mass media and entertainment conglomerate owned by AT&T and headquartered in New York City.
The company has film, television, cable networks, and publishing operations.
The company was formed in 1990 as Time Warner, from the merger of Time Inc. and Warner Communications. The current company consists largely of the assets of the former Warner Communications, HBO (a Time Inc. subsidiary until the merger), and the Turner Broadcasting System assets which it acquired in 1996. Its assets include HBO, Turner, half of The CW, Cartoon Network, Audience, Warner Bros., CNN, DC Comics, Otter Media, and a 10% stake in Hulu.
WarnerMedia operates its three "principal operating divisions"—HBO, Turner Broadcasting System and Warner Bros.as well as other, smaller subsidiaries, such as Otter Media.
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