Time Warner Inc. operates as a media and entertainment company. The company’s subsidiaries include Turner Broadcasting System, Inc. (Turner or TBS); Home Box Office, Inc. (Home Box Office); and Warner Bros. Entertainment Inc. (Warner Bros.). Turner Turner owns and operates a portfolio of domestic and international cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers around the world. Turner operates approximately 180 channels globally. In the U.S., its networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN and HLN. Turner’s digital properties include bleacherreport.com and the CNN digital network. Outside the U.S., Turner’s portfolio of brands and digital businesses reaches consumers in approximately 200 countries. Turner’s programming is primarily distributed by cable system operators, satellite service distributors, telephone companies and other distributors (known as affiliates) and is available to subscribers of the affiliates for viewing on television; via streaming online and on mobile devices through Turner’s digital properties and affiliates’ services; and on demand on television through Turner’s digital properties and affiliates’ digital VOD services. In addition to distributing Turner’s programming as part of their traditional multichannel video service offerings, some affiliates are distributing some of Turner’s programming as part of their offerings of smaller bundles of networks and streaming services. Turner is also pursuing non-traditional distribution options for its programming and has made some of its programming available through subscription-video-on-demand (SVOD) and other over-the-top (OTT) services, including DISH’s Sling TV and Sony PlayStation. In 2015, Turner acquired a majority ownership interest in iStreamPlanet Co., LLC (iStreamPlanet), a provider of streaming and cloud-based video and technology services, which is expected to improve Turner’s digital streaming capabilities. Turner is developing content for distribution outside the traditional television ecosystem. In 2015, Turner launched Super Deluxe, its digital production studio to develop original short form digital content, and CNN launched Great Big Story, an independent news brand that distributes its content via digital properties for mobile devices and social networks. Turner’s digital properties consist of its own Websites and Websites Turner manages and/or operates for sports leagues where Turner holds the related programming rights. Turner’s CNN digital network is a digital news destination, and Turner’s bleacherreport.com is the number two digital sports destination, in each case, based on the number of average monthly domestic multi-platform visitors for the year ended December 31, 2015. Turner’s other Websites include tntdrama.com, TBS.com, adultswim.com and cartoonnetwork.com. Digital properties Turner manages and/or operates for sports leagues include NBA.com, NBA Mobile, NCAA.com and PGA.com. Turner’s digital properties collectively averaged approximately 115 million average monthly domestic multi-platform visitors (based on data sourced from comScore Media Metrix) during the year ended December 31, 2015. Entertainment Domestic Entertainment Turner’s domestic entertainment networks collectively provide a blend of original series, acquired series and movies, sports and reality programming. For the year ended December 31, 2015, Turner’s TNT and TBS were the major primetime advertising-supported cable networks among adults 18-49 in the U.S., and Adult Swim was the major total day advertising-supported cable network among adults 18-34 in the U.S. TNT TNT focuses on drama and is home to syndicated series and an improving roster of original series, as well as sports and network premiere motion pictures. As of December 2015, TNT reached 93.2 million domestic television households. For the 2015-2016 season, TNT’s returning original series include Cold Justice, The Last Ship, The Librarians, Major Crimes, Murder i
time warner inc
(AOL1:German Stock Exchange)
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New York, NY 10019
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