Time Warner

Definition

Time Warner was a multinational media and entertainment conglomerate headquartered in New York City. It was formed by the merger of Time Inc. and Warner Communications in 1990, becoming one of the world's largest companies in its industry before eventually merging with AT&T in 2018.

Related terms

Merger:

A merger is when two or more companies combine to form a new entity, often to increase market share, diversify products or services, or reduce competition.

Acquisition:

An acquisition is the process where one company purchases most or all of another company's shares to gain control of that company.

Conglomerate: A conglomerate is a large corporation formed by the merging of separate and diverse firms, engaging in totally unrelated business activities