24 April 2002

Time Warner / TBS / AOL
America Online (AOL) acquired Time Warner–the largest merger in corporate history

Television Holdings:
- CNN, HBO, Cinemax, TBS Superstation, Turner Network Television, Turner Classic Movies, Warner Brothers Television, Cartoon Network, Sega Channel, TNT, Comedy Central (50%), E! (49%), Court TV (50%)
- Largest owner of cable systems in the US with an estimated 13 million subscribers

Media Holdings:
- HBO Independent Productions, Warner Home Video, New Line Cinema, Castle Rock, Looney Tunes, Hanna-Barbera
- Music: Atlantic, Elektra, Rhino, Sire, Warner Bros. Records, EMI, WEA, Sub Pop (distribution) = the world’s largest music company
- 33 magazines including Time, Sports Illustrated, People, In Style, Fortune, Book of the Month Club, Entertainment Weekly, Life, DC Comics (50%), and MAD Magazine

Other Holdings:
- Sports: The Atlanta Braves, The Atlanta Hawks, World Championship Wrestling

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