WarnerMedia, known for most of its existence as Time Warner, LLC was an American multinational mass media and entertainment business owned by AT&T. It was headquartered at the 30 Hudson Yards complex in New York City and primarily operated in filmed entertainment and cable television.
The company's history traces back to the Kinney National Company, which purchased several entertainment companies during the 1960s and 1970s, (most notably Warner Bros.-Seven Arts). By 1972, Kinney separated its non-media businesses into an independent company, and renamed itself to Warner Communications. After merging with Time Inc., the new company became Time Warner Inc. on January 10, 1990, and kept that name for 28 years. In 2001, AOL merged with Time Warner, in a deal that came to be regarded as the "worst merger in history." Following years of downsizing, Time Warner simply owned Warner Bros., Turner Broadcasting, and HBO by 2014. Despite spinning off Time Inc. that year, it kept the "Time Warner" name until 2018, when it was acquired by AT&T for $108.7 billion and renamed to WarnerMedia.