In what was one of the biggest mergers of all the time, Time Inc and Warner Communications came together in the year 1990, giving birth to the Time Warner of today. Today, the company not only produces the majority of entertainment that we watch but also publishes every major magazine and comic book series that gets circulated in the world.
The three divisions of Time Warner, the HBO, Turner Broadcasting Systems and the Warner Bros. own a substantial number of channels and production houses operating in as many as 70 countries throughout the world.
Although Time Warner was formed only in the year 1990, Time and Warner started off independently and were around since a very long time, nearly since the beginning of the world of entertainment. Both the establishments did a great job till the eighties, with Time publishing a majority of magazines under its brand Warner Bros establishing its foothold in the television as well as movies.