Media Economics and Research: Time Warner - Case Study Example

The company also largely consists of assets taken from the former Warner Communications, such as HBO that was the subsidiary of Time Incorporation prior to the merger of Time Warner. The company also has some assets taken from the Turner Broadcasting that was acquired in the year 1996. Time Warner currently has some major operations going in the television and film industry and it also has some publishing operations going on in the comic’s books industry. New Line Cinema, CW Television Network, HBO, Turner Broadcasting System, Kids’ WB, Boomerang, Cartoon Network, Hanna-Barbera, Adult Swim, DC Comics, CNN and Castle Rock Entertainment are among the subsidiaries of Time Warner.

In previous major division of the Time Warner took into account AOL, Time Incorporation, Time Warner Cable, Warner Music Group and Warner Books. All of these companies were either sold to other investors or they became independent corporations between 2003 and 2014 (Time Warner Case Study). It was the year 1923, which marked the debut of Time Magazine, as the very first weekly magazine of America. It was just 4 years after the launch of Times Magazine that first feature-length of talking picture named The Jazz Singer was released by Warner Bros in the year 1963.

The recommendation made by the Time Incorporation on delivering the magazine directed the introduction of the Zip Codes by the American Post Office. The non-entertainment assets of the Kinney National Company spun off by the company itself, as the result of its financial scandal and changed its name to Warner Communications Incorporation. It was considered the holding company for the Warner Music Group and Warner Bros. Pictures during the 70s and 80s. The company also owned Mad and DC Comics, as majority of the stake in the Garden State National Bank, which the company was asked to sell under the requirement of Bank Holding Company Act (AOL Time Warner, Inc).

In the year 1975, the Home Box Office turned to be the