Time Warner in the context of "Interscope Records"

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⭐ Core Definition: Time Warner

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.

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👉 Time Warner in the context of Interscope Records

Interscope Records is an American record label based in Santa Monica, California, owned by Universal Music Group through its Interscope Geffen A&M imprint. Founded in late 1990 by Jimmy Iovine and Ted Field as a $20 million joint venture with Atlantic Records of Warner Music Group and Interscope Communications, it differed from most record labels by letting A&R staff control decisions and allowing artists and producers full creative control. Interscope's first hit records arrived in under a year, and it achieved profitability in 1993. Chair and CEO until May 2014, Iovine was succeeded by John Janick.

In 1992, Interscope acquired the exclusive rights to market and distribute releases from hardcore hip hop label Death Row Records, a decision that ultimately put the label at the center of the mid-1990s gangsta rap controversy. As a result, Time Warner, then the parent of Warner Music Group, severed ties with Interscope by selling its 50 percent stake back to Field and Iovine for $115 million in 1995. In 1996, 50% of the label was acquired for a reported $200 million by MCA Inc., later known as Universal Music Group.

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Time Warner in the context of Hulu

Hulu (/ˈhl/, HOO-loo) is an American subscription streaming media service owned by Disney Streaming, a subsidiary of the Disney Entertainment segment of the Walt Disney Company. It is one of the most-subscribed video on demand streaming media services, with 64.1 million paid memberships. Its headquarters are located in Los Angeles, California, with offices in Santa Monica, California (the former West Coast bureau for HBO), New York City, and Seattle, Washington. Hulu was launched on October 29, 2007, initially as a joint venture between News Corporation and NBC Universal; Providence Equity, Disney, and Time Warner later made investments in the service.

Hulu originally served as an aggregator, streaming recent episodes of programs from the companies' television networks (including ABC, NBC, and Fox). In 2010, Hulu launched a subscription service, initially branded as "Hulu Plus," which featured full seasons of programs from the companies and other partners, and access to new episodes immediately after their airing. In 2016, Hulu syndicated its free library to Yahoo in order to focus exclusively on Hulu Plus. In 2017, the company launched "Hulu + Live TV"—a superset of Hulu Plus also offering access to broadcast and cable television channels.

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Time Warner in the context of William Hanna

William Denby Hanna (July 14, 1910 – March 22, 2001) was an American animator, voice actor, and musician. Hanna and Joseph Barbera co-created Tom and Jerry and founded the animation studio and production company Hanna-Barbera, with Hanna providing the vocal effects for Tom and Jerry's title characters.

Hanna joined the Harman and Ising animation studio in 1930 and steadily gained skill and prominence while working on cartoons such as Captain and the Kids. In 1937, while working at Metro-Goldwyn-Mayer (MGM), Hanna met Barbera and formed a working relationship. In 1957, they co-founded Hanna-Barbera, which became the most successful television animation studio in the business, creating or producing programs such as The Flintstones, The Huckleberry Hound Show, The Jetsons, Scooby-Doo, The Smurfs, and Yogi Bear. In 1967, Hanna-Barbera was sold to Taft Broadcasting for $12 million (equivalent to about $113 million today) but Hanna and Barbera remained heads of the company until 1991. At that time, the studio was sold to Turner Broadcasting System, which in turn was merged with Time Warner in 1996; Hanna and Barbera stayed on as advisors.

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Time Warner in the context of Warner Music Group

Warner Music Group Corp., commonly abbreviated as WMG, is an American multinational entertainment and record label conglomerate headquartered in New York City. It is one of the "Big Three" recording companies and the third-largest in the global music industry, after Universal Music Group and Sony Music Entertainment.

Formerly owned by Time Warner, the company sold WMG in 2004 to a group of private investors led by Edgar Bronfman Jr., in a move to alleviate Time Warner's debt load related to its merger with AOL. WMG was publicly traded on the New York Stock Exchange from 2005 until 2011, when it announced its privatization and sale to Access Industries. It later had its second IPO on Nasdaq in 2020, once again becoming a public company. As of 2025, Access Industries remains the company's largest shareholder, owning 72% of the equity and controlling 98% of the voting power. With a multibillion-dollar annual turnover, WMG employs more than 4,500 people and has operations in more than 50 countries throughout the world. The company owns and operates some of the largest and most successful labels in the world, including Elektra Records, Reprise Records, Warner Records, Parlophone Records (formerly owned by EMI), and Atlantic Records. WMG also owns Warner Chappell Music, one of the world's largest music publishers.

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