An Overview of Time Warner’s Businesses

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TIME WARNER INC.


Richard D. Parsons, Chairman and CEO
TOTAL REVENUES — FISCAL YEAR (FY) 2003: $39.6 billion
TOTAL REVENUES — FIRST QUARTER (FQ) 04: $10.1 billion

ENTERTAINMENT & NETWORKS GROUP


JEFFREY L. BEWKES, Chairman
FILMED ENTERTAINMENT
TOTAL REVENUES — FY 2003: $10.96 billion
TOTAL REVENUES — Q1 2004: $2.95 billion

WARNER BROS. ENTERTAINMENT INC.


BARRY M. MEYER, Chairman and CEO
The division produces and distributes feature films, TV programming, home video/DVD, animation, comic books, interactive entertainment and games. the business comprises product and brand licensing, and it owns international cinemas and broadcasting entities.
DC Comics
Telepictures Productions
The WB Television Network*
Warner Bros. Animation
Warner Bros. Consumer Products
Warner Bros. Interactive Entertainment
Warner Bros. International Cinemas
Warner Bros. Pictures
Warner Bros. Television
Warner Home Video
Warner Independent Pictures

NEW LINE CINEMA


ROBERT SHAYE, Co-Chairman and Co-CEO
MICHAEL LYNNE, Co-Chairman and Co-CEO
Launched in 1967, New Line considers itself to be the world’s oldest and most successful independent film company. In addition to its motion-picture business, it also has divisions devoted to home entertainment, television, music, theater, licensing, merchandising, international marketing and — through Fine Line Features — specialized film production and distribution.
Fine Line Features
New Line Cinema
New Line Home Entertainment
New Line International Releasing
New Line Merchandising/Licensing
New Line Television
NETWORKS
TOTAL REVENUES — FY 2003: $8.43 billion
TOTAL REVENUES — Q1 2004: $2.19 billion

TURNER BROADCASTING SYSTEM INC.


PHILIP I. KENT, Chairman and CEO
Several of the Top 10-rated basic cable networks in the U.S. are included in this group. Cable News Network, TBS Superstation and Turner Network Television each reach approximately 88 million households, and the Cartoon Network reaches about 86 million U.S. homes. CNN, which is part of the CNN News Group, is available in more than 200 countries and territories.
(Wholly Owned)
Major League Baseball’s Atlanta Braves
Boomerang
Cartoon Network
Cartoon Network Europe
Cartoon Network Latin America
Cartoon Network Studios
CNN Airport Network
CNN en Español
CNN en Español Radio
CNN Headline News
CNN International
CNN Mobile
CNN Newsource
CNN To Go
CNN.com
CNN/U.S.
CNNfn
CNNMoney.com
CNNRadio
CNNStudentNews.com
NASCAR.com
PGA.com
TBS
Turner Classic Movies
TCM & Cartoon Network/Asia Pacific
TCM Europe
Turner Network Television
TNT HD
TNT Latin America
Turner South
(Joint Ventures)
Accent Health
Cartoon Network Japan
CETV
CNN Turk
CNN.co.jp (Japan)
CNN.de (Germany)
CNN+
CNNj
Court TV
NBC/Turner NASCAR Races
n-tv
Viva Media
Viva+
Zee/Turner

HOME BOX OFFICE


CHRIS ALBRECHT, Chairman and CEO
HBO’s flagship channel is the country’s most successful premium TV network, whether measured by the number of subscribers or actual viewers. The network’s international joint ventures reach over 50 countries. Sister channel Cinemax is the second most watched pay service. In addition to its channels, HBO distributes original programs like The Sopranos, Sex and the City, Six Feet Under and Band of Brothers.
(Wholly Owned)
Cinemax
Cinemax HD
Cinemax Multiplexes
Cinemax on Demand
HBO
HBO Domestic and International Program Distribution
HBO HD
HBO Independent Productions
HBO Multiplexes
HBO On Demand
HBO Video
(Joint Ventures — Selection)
A&E Mundo
E! Latin America
HBO Asia
HBO Brasil
HBO Czech
HBO Hungary
HBO India
HBO Olé
HBO Poland
HBO Romania

MEDIA & COMMUNICATIONS GROUP


DON LOGAN, Chairman
CABLE
TOTAL REVENUES — FY 2003: $7.69 billion
TOTAL REVENUES — Q1 2004: $2.04 billion

TIME WARNER CABLE INC.


GLENN A. BRITT, Chairman and CEO
Time Warner Cable is the second-largest cable MSO in the country. It operates 31 divisions, serving more than 10.9 million customers and passing ore than 18.8 million homes in 27 states, as of year-end 2003. It provides broadband service to more than 3.2 million subscribers or 17% of the eligible homes it serves, according to that same 2003 time period. Time Warner Cable Digital Phone, launched in 2003, is expected to be available in all of TW Cable divisions by the end of 2004. Its business lines include:
Digital Phone Service
Local News Channels (selection)
Capital News 9-Albany
News 10 Now-Syracuse
News 8 Austin
NY1 News
R News (Rochester, NY)
Cable TV Service
Road Runner High Speed Internet Access
Road Runner — Business Class

AMERICA ONLINE INC.


JONATHAN MILLER, Chairman and CEO
TOTAL REVENUES — FY 2003: $8.6 billion
TOTAL REVENUES — Q1 2004: $2.19 billion
The online division is a leading global provider of interactive services, bringing Internet access to more than 20 million members in the U.S. and millions of others around the world through its core AOL service. In addition to dial-up service and broadband and customized versions, AOL delivers several premium services, which totaled over 5 million subscribers in 2003. Its businesses include:
AOL
AOL for Broadband
AOL International
AOL Latino
CompuServe
ICQ
MapQuest
Moviefone
Netscape
PUBLISHING
TOTAL REVENUES — FY 2003: $5.53 billion
TOTAL REVENUES — Q1 2004: $1.08 billion

TIME INC.


ANN MOORE, Chairman and CEO
The division includes portfolio of magazines in a wide range of consumer categories.
Bookspan (joint venture)
Entertainment Weekly
Fortune
In Style
In Style Australia
Life
Money
Parenting
People
People en Español
Sports Illustrated
Time

SOUTHERN PROGRESS CORP.



Cooking Light


Southern Living


Sunset

TIME4MEDIA GROUP



Field & Stream


Golf Magazine


Outdoor Life


Popular Science


Ski


This Old House Ventures


Yachting

IPC MEDIA (the U.K.’s largest consumer magazine company)



Country Life


Family Circle


Marie Claire


Motor Boat & Yachting


Soaplife


TVTimes

TIME WARNER BOOK GROUP


LAURENCE J. KIRSCHBAUM, Chairman and CEO
Bulfinch Press
Little, Brown and Co. (Adult Trade Books)
Little, Brown and Co. (Books for Young Readers)
Time Warner Audio Books
Time Warner Book Group UK
Warner Books
Warner Faith
* The WB Television Network, operationally, reports to Warner Bros. Entertainment Inc., but financially, reports through the Networks segment. It is also a syndication arm.
The information on this page was compiled by Doris Toumarkine, from Time Warner source material. It is intended to provide a selection of properties within each line of business and is not all-inclusive.

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