Back to our continuing series on Who owns the Media with the help of Stopbigmedia.com Mega Media Company #2: Time Warner
2006 revenues: $44.2 billion
Time Warner is the largest media conglomerate in the world, with holdings including: CNN, the CW (a joint venture with CBS), HBO, Cinemax, Cartoon Network, TBS, TNT, America Online, MapQuest, Moviefone, Netscape, Warner Bros. Pictures, Castle Rock, and New Line Cinema, over 150 magazines such as Time, Cooking Light, Marie Claire and People.
TV: Time Warner services 17.9% of all cable subscribers, gaining 3.5 million subscribers from its joint aquisition of Adelphia with Comcast. Time Warner now has 14.4 million cable customers (plus 1.5 million held in partnership with Comcast).
Network: the CW (a joint venture with CBS), Kids� WB, Telepictures Productions, Home Box Office, Inc. (HBO, Cinemax, HBO Sports, HBO Pay-Per-View, HBO Video, HBO Independent Productions, HBO Multiplexes, HBO on Demand, Cinemax Multiplexes, Cinemax on Demand, HBO HD, Cinemax HD, as well as HBO channels around the world), Court TV (50% Time Warner, 50% Liberty Media), TBS, Boomerang, Cartoon Network, Cartoon Network Europe, Cartoon Network Latin America, Cartoon Network Studios, Cartoon Network Asia Pacific, Cartoon Network Japan (70% share), NBC/Turner, Williams St. Studio, New Line Television, Turner Classic Movies, TCM Europe, TCM Asia Pacific, TCM Classic Hollywood in Latin America, Turner Network Television, Turner South, TNT, TNT HD, TNT Latin America, TNT CNN / US, CNN Airport Network, CNN International, CNN Headline News, CNN Headline News in Asia Pacific, CNN Headline News in Latin America, CNN en Espa�ol, CNN en Espa�ol Radio, CNNj, CNN+, CNN Turk, CNN-IBN, CNNfn, CNN International, CNN Mobile, CNN Newsource, CNN Pipeline, CNN to go, CETV (China), n-tv (German news network; Turner owns interest), BOING (family channel in Italy; joint venture with Mediaset)
Local cable news channels: Capital News 9 Albany, Albany, NY; MetroSports, Kansas City, MO; News 8 Austin, Austin, TX; News 10 Now — Syracuse, Syracuse, NY; News 14 Carolina-Charlotte, Charlotte, NC; News 14 Carolina-Raleigh, Raleigh, NC; NY1 News, New York, NY; R News, Rochester, NY; Urban Cableworks of Philadelphia (joint venture with Urban Cableworks); Texas and Kansas City Cable Partners, LP (joint venture with Comcast)
Programming: American Morning, CNN Newsroom, Live From The Situation Room, Lou Dobbs Tonight, Larry King Live, Anderson Cooper 360
On Demand Services: Video on Demand, Digital Video Recorders, High Definition Television, Local News Channels
INTERNET: America Online: AOL, AOL.com, AOL Instant Messenger, AOL Wireless, AOL Music Now, AOL Local, CNN.com, CNNMoney.com, CNNStudentNews.com, CompuServe, ICQ, inStore, KOL, McAfee VirusScan Online (bundled with AOL services), MapQuest, Moviefone, Movietickets.com, Netscape, RED, Singingfish, Advertising.com, AOL by Phone, AOL Call Alert, AOL CityGuide, AOL PassCode, AOL Voicemail, MusicNet@AOL, Tegic Communications, Inc., Truveo, Weblogs, Wildseed, Xdrive, AOL Europe (France, Germany, the U.K. and Luxembourg), America Online Latino (Brazil, Mexico, Argentina, Puerto Rico), AOLnet, America Online�s Access, America Online�s Audience, AOL High Speed (a partnership with BellSouth, Time Warner Cable, Verizon, and other DSL providers to offer broadband internet access.)
Time Warner Cable Inc.: Digital Phone (Internet protocol-based voice service), RoadRunner, and RoadRunner-Business Class.
Internet: SI.com, People.com, Pipeline, GameTap, CartoonNetwork.com, DCComics.com, Time.com, VeryFunnyAds.com, Cwtv.com, Golf.com.
Production: Subsidiary The Warner Bros. Entertainment Group owns: Warner Bros. Pictures, Castle Rock, Warner Independent Pictures, a joint venture with Village Roadshow Pictures, and a joint venture with Alcon Entertainment, Warner Home Video.
Picturehouse is a joint venture between HBO and New Line
Warner Bros. International Cinemas
Subsidiary New Line owns: New Line Cinema and Fine Line Features.
Comics: DC Comics, E.C. Publications, Inc. (publisher of MAD magazine)
Time, Inc. controls: Time Warner Book Group (with publishing companies The Mysterious Press, Time Warner Book Group UK, Warner Faith, Warner Vision, Warner Business Books, Aspect, and Little, Brown and Company (including Little, Brown Adult Trade, Little, Brown Books for Young Readers, Back Bay, and Bulfinch Press); Oxmoor House, Inc., Leisure Arts, Inc., Sunset Books, Books-of-the-Month Club, Inc., Southern Progress Corporation, Parenting Group, Time 4Media (publishes 17 magazines worldwide), Grupo Editorial Expansion (publishes 15 magazines in Mexico)
Over 150 Magazines: 25 Beautiful Gardens, 25 Beautiful Homes, 25 Beautiful Kitchens, 4x4, Aeroplane, All You, Amateur Gardening, Amateur Photographer, Ambientes, Angler's Mail, Audi Magazine, Balance, Bird Keeper, BMX Business News, Bride to Be, Business 2.0, Cage & Aviary Birds, Caravan, Center Street, Chat, Chilango, Classic Boat, Coastal Living, Cooking Light, Cottage Living, Country Homes & Interiors, Country Life, Cycle Sport, Cycling Weekly, Decanter, Elle (joint venture), English Woman's Weekly, Entertainment Weekly, Essence (joint venture), Essentials, EXP, Expansion, European Boat Builder, Eventing, Family Circle (U.K.), Field & Stream, Fortune, Fortune Asia, Fortune Europe, FSB: Fortune Small Business, Golf Monthly, Guitar, Hair, Health, Hi-Fi News, Homes & Gardens, Horse, Horse & Hound, Ideal Home, In Style, In Style Australia, In Style U.K., International Boat Industry, IPC, Land Rover World, Leisure Arts, Life, Life and Style, Livingetc, Loaded, Manufactura, Marie Claire (joint venture), MBR-Mountain Bike Rider, MiniWorld, Mizz, Model Collector, Money, Motor Boat & Yachting, Motor Boats Monthly, Motor Caravan, NME, Now, Nuts, Obras, Outdoor Life, Oxmoor House, Park Home & Holiday Caravan, People, People en Espanol, Pick Me Up, Popular Science, Practical Boat Owner, Practical Parenting, Prediction, Progressive Farmer, Quad Off-Road Magazine, Quien, Quo (joint venture), Racecar Engineering, Real Simple, Ride BMX, Rugby World, Salt Water Sportsman, Ships Monthly, Shoot Monthly, Shooting Times, Ski, Skiing, Soaplife, Southern Accents, Southern Living, Sporting Gun, Sports Illustrated, Sports Illustrated for Kids, Stamp Magazine, Sunset, Superbike, Synapse, Teen People, the Field, the Golf, the Railway Magazine, the Shooting Gazette, This Old House, This Old House Ventures, Time, Time Asia, Time Atlantic, Time Canada, Time for Kids, Time Pacific, TrandWorld Business, TransWorld Motocross, TransWorld Skateboarding, TransWorld Snowboarding, TransWorld Surf, TV & Satellite Week, TV Easy, TVTimes, Uncut, VolksWorld, Vuelo, Wallpaper, Wallpaper Navigator Webuser, Wedding, What Camera, What Digital Camera, What's on TV, Who, Woman, Woman & Golf, Woman & Home, Woman's Own, Woman''s Weekly, World Soccer, Yachting, Yachts, Yachting Monthly, and Yachting World.
Joint Ventures: Avantages S.A., BOOKSPAN, Elle, European Magazines Limited Marie Claire (U.K.), and Quo.
Marketing businesses: Synapse Group Inc. and Targeted Media, Inc.
CNNRadio, Warner Bros. Interactive Entertainment Inc., Monolith Productions (game developer), Warner Bros. Games, GameTap, Warner Bros. Consumer Products Inc. (licensing), HBO Properties (licensing and merchandising), Warner Bros. International Cinemas, New Line International Releasing, New Line Merchandising and Licensing, Warner Bros. Animation (including Hanna-Barbera and Looney Tunes), Warner Bros. Online (distribution), Time Warner Investments, Time Warner Telecom Inc. (aggregate interest of 44%), New Line Music, New Line Theatricals, NASCAR.com, PGA.com, MusicNow
As a result of the aquisition of Adelphia Communications, Time Warner will shuffle certain cable operations with Comcast to give each a greater concentration of customers in the former Adelphia service areas.
Time Warners areas of enhanced concentration include: Southern California (Los Angeles), Maine, Western New York, North Carolina, Ohio (Cincinnati, Cleveland and Columbus), South Carolina, Texas (Dallas).