# WarnerMedia

> former American multinational media conglomerate

**Wikidata**: [Q191715](https://www.wikidata.org/wiki/Q191715)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/WarnerMedia)  
**Source**: https://4ort.xyz/entity/warnermedia

## Summary
WarnerMedia was a former American multinational media conglomerate that operated as a publicly traded company until its dissolution in 2022. It was formed through the merger of Time Warner and AOL in 2016, creating a major entertainment and media company that owned brands like HBO, CNN, Warner Bros., and DC Entertainment.

## Key Facts
- Founded in 2016 through the merger of Time Warner and AOL
- Dissolved on April 8, 2022, when it was rebranded as Warner Bros. Discovery
- Operated as a public company with shares traded on the New York Stock Exchange under the ticker symbol WBD
- Headquartered in New York City, United States
- Owned by public shareholders, with major institutional investors including The Vanguard Group and BlackRock
- Subsidiaries included HBO, CNN, Warner Bros., DC Entertainment, All3Media, Eurosport, Motor Trend Group, and Play Sports Group
- Member of the Copyright Alliance
- Had a sitelink count of 58 across Wikipedia languages
- Followed by Warner Bros. Discovery, which was formed through the merger of WarnerMedia and Discovery, Inc.
- Followed Time Warner, which was a major media conglomerate that merged with AOL to form WarnerMedia
- Followed AOL, which was a former American web portal and online service provider
- Founded by Jeff Bewkes, who served as the CEO of Time Warner before the merger
- Parent organization of HBO Max, which was a major streaming platform
- Had a website at https://www.warnermedia.com/
- Had social media handles including @warnermedia, @timewarner, and @time-warner-investments on Twitter, Facebook, Instagram, LinkedIn, YouTube, TikTok, and Threads
- Had a revenue of $44.7 billion in 2019
- Had approximately 34,000 employees
- Had inception dates of January 1, 1990, and June 1, 2016
- Had a stock exchange listing on the New York Stock Exchange under the ticker symbol WBD
- Had a legal form of public company
- Had a primary business in the media and entertainment industry
- Had a parent company of Warner Bros. Discovery, which was the result of the merger between WarnerMedia and Discovery, Inc.
- Had a headquarters location in New York City, United States
- Had a country of operation as United States
- Had industry classifications including mass media, broadcasting, production, and entertainment
- Had a product of media and entertainment content
- Had a website at https://www.warnermedia.com/
- Had a Wikipedia title of WarnerMedia
- Had a wikidata description of former American multinational media conglomerate
- Had a location of formation in New York City, United States

## FAQs
**What was WarnerMedia and when did it operate?**
WarnerMedia was a former American multinational media conglomerate that operated from 2016 until its dissolution in 2022. It was formed through the merger of Time Warner and AOL and was rebranded as Warner Bros. Discovery in 2022.

**Who founded WarnerMedia and who were its key executives?**
WarnerMedia was founded by Jeff Bewkes, who served as the CEO of Time Warner before the merger. The company was led by CEO David Zaslav, who assumed the position in April 2022.

**What were the main subsidiaries and brands of WarnerMedia?**
Major subsidiaries and brands of WarnerMedia included HBO, CNN, Warner Bros., DC Entertainment, All3Media, Eurosport, Motor Trend Group, and Play Sports Group. The company also owned HBO Max, a major streaming platform.

**What was the financial performance of WarnerMedia?**
WarnerMedia reported a revenue of $44.7 billion in 2019 and employed approximately 34,000 people. The company was listed on the New York Stock Exchange under the ticker symbol WBD.

**What was the role of WarnerMedia in the media and entertainment industry?**
WarnerMedia played a significant role in the media and entertainment industry by owning and operating major brands such as HBO, CNN, Warner Bros., and DC Entertainment. The company was a major player in the global media landscape and had a diverse portfolio of content and services.

**What happened to WarnerMedia after its dissolution in 2022?**
After WarnerMedia's dissolution on April 8, 2022, it was rebranded as Warner Bros. Discovery, which was formed through the merger of WarnerMedia and Discovery, Inc. The company continued to operate the various brands and assets of WarnerMedia under the new name.

**What was the significance of WarnerMedia's merger with Discovery, Inc.?**
WarnerMedia's merger with Discovery, Inc. in 2022 created Warner Bros. Discovery, one of the world's largest media conglomerates. The merger combined the content creation capabilities of WarnerMedia with the global reach of Discovery, enabling the company to control major content platforms like HBO Max, CNN, and Warner Bros. films while expanding its international presence through Eurosport and other international operations.

## Why It Matters
WarnerMedia was a significant player in the global media and entertainment industry, owning and operating major brands such as HBO, CNN, Warner Bros., and DC Entertainment. The company's diverse portfolio of content and services made it a major force in the media landscape, with a significant presence in both traditional and digital media. WarnerMedia's financial performance and market position were also notable, with a revenue of $44.7 billion in 2019 and a workforce of approximately 34,000 employees. The company's strategic direction and leadership under the guidance of CEO David Zaslav were instrumental in shaping its strategic direction and ensuring its continued success in the global media industry. WarnerMedia's cultural impact and industry influence were further underscored by its recognition across multiple media databases and cataloging systems, as well as its consistent presence in media industry rankings and market share analyses. The company's educational impact and industry training programs also reflected its commitment to promoting artistic expression and nurturing the next generation of artists and industry professionals.

## Notable For
- Being formed through the merger of Time Warner and AOL in 2016
- Operating as a public company with shares traded on the New York Stock Exchange under the ticker symbol WBD
- Owning major entertainment brands including HBO, CNN, Warner Bros., and DC Entertainment
- Operating as a major player in the global media and entertainment industry
- Having a diverse portfolio of content and services, including HBO Max, a major streaming platform
- Having a significant presence in both traditional and digital media
- Having a revenue of $44.7 billion in 2019 and a workforce of approximately 34,000 employees
- Having a strategic direction and leadership under the guidance of CEO David Zaslav
- Having a cultural impact and industry influence, as well as a consistent presence in media industry rankings and market share analyses
- Having an educational impact and industry training programs that reflected its commitment to promoting artistic expression and nurturing the next generation of artists and industry professionals

## Body

### History and Formation
WarnerMedia was formed on January 1, 2016, through the merger of Time Warner and AOL. The merger created a major media conglomerate that combined the content creation capabilities of Time Warner with the digital and internet services of AOL. The company was led by CEO Jeff Bewkes, who served as the CEO of Time Warner before the merger. The merger was a significant event in the media industry, combining two major players to create a larger and more diverse media company.

### Corporate Structure and Ownership
WarnerMedia operated as a public company with shares traded on the New York Stock Exchange under the ticker symbol WBD. The company was owned by public shareholders, with major institutional investors including The Vanguard Group and BlackRock. The company's legal form was a public company, and it was listed on the New York Stock Exchange. The company's headquarters was located in New York City, United States.

### Subsidiaries and Business Units
WarnerMedia had a diverse portfolio of subsidiaries and business units that spanned the media and entertainment industry. Major subsidiaries included HBO, CNN, Warner Bros., DC Entertainment, All3Media, Eurosport, Motor Trend Group, and Play Sports Group. The company also owned HBO Max, a major streaming platform that was a key part of its digital media strategy. These subsidiaries and business units allowed WarnerMedia to operate in multiple sectors of the media and entertainment industry, including film, television, news, and sports.

### Financial Performance and Market Position
WarnerMedia reported a revenue of $44.7 billion in 2019, reflecting its strong financial performance and strategic direction. The company employed approximately 34,000 people, demonstrating its significant scale and workforce. The company's market position was further reinforced by its extensive portfolio of content and services, as well as its strategic direction and leadership under the guidance of CEO David Zaslav.

### Strategic Direction and Leadership
Under the guidance of CEO David Zaslav, WarnerMedia was instrumental in shaping the company's strategic direction and ensuring its continued success in the global media industry. The company's strategic direction was focused on supporting and nurturing artists across various genres, while leveraging its resources and distribution networks to promote and distribute media and entertainment content globally. The company's leadership was also instrumental in ensuring that WarnerMedia remained a major player in the global media industry, with a diverse roster of artists and a comprehensive catalog of media and entertainment content.

### Cultural Impact and Industry Influence
WarnerMedia's cultural impact and industry influence were significant, with the company's diverse portfolio of content and services making it a major force in the media landscape. The company's recognition across multiple media databases and cataloging systems, as well as its consistent presence in media industry rankings and market share analyses, underscored its cultural impact and industry influence. The company's educational impact and industry training programs also reflected its commitment to promoting artistic expression and nurturing the next generation of artists and industry professionals.

### Global Reach and Partnerships
WarnerMedia had a significant global reach, with its content and operations reaching audiences across multiple languages and regions. The company's international presence was further evidenced by its participation in international standards bodies and its involvement in the development of global media and entertainment protocols. WarnerMedia's website was available in multiple languages, and the company had a significant social media presence, with verified accounts on platforms like Twitter, Facebook, Instagram, and YouTube. The company's global footprint allowed it to serve a diverse range of customers and contribute to the development of international media and entertainment infrastructure.

### Dissolution and Succession
WarnerMedia was dissolved on April 8, 2022, when it was rebranded as Warner Bros. Discovery. The rebranding was the result of the merger between WarnerMedia and Discovery, Inc., which created one of the world's largest media conglomerates. The merger combined the content creation capabilities of WarnerMedia with the global reach of Discovery, enabling the company to control major content platforms like HBO Max, CNN, and Warner Bros. films while expanding its international presence through Eurosport and other international operations. The rebranding marked the end of WarnerMedia's independent existence and the beginning of a new era in the media industry.

## References

1. [GRID](https://www.grid.ac/institutes/grid.467582.a)
2. GRID Release 2017-01-10
3. 20th Century Press Archives
4. Virtual International Authority File
5. [Source](http://www.fundinguniverse.com/company-histories/new-line-cinema-inc-history/)
6. [The Hollywood Reporter](https://www.hollywoodreporter.com/news/general-news/michael-lynne-dead-new-line-cinema-chairman-ceo-was-77-1122003/)
7. [Source](https://www.nyse.com/quote/XNYS:TWX)
8. Freebase Data Dumps. 2013
9. Czech National Authority Database
10. MusicBrainz
11. [Source](https://www.nyse.com/quote/XNYS:TWX/company)
12. Global LEI Index
13. BBC Things
14. Crunchbase
15. [Source](http://km.aifb.kit.edu/services/crunchbase/)
16. [Source](https://www.google.com/finance?q=NYSE%3ATWX&fstype=ii&ei=8DYvV8myEZGa0AS-g7GgCg)
17. GRID Release 2016-12-06
18. [Working at WarnerMedia | Glassdoor](https://www.glassdoor.sg/Overview/Working-at-WarnerMedia-EI_IE12777.11,22.htm?countryRedirect=true)
19. [WarnerMedia Company Culture | Comparably](https://www.comparably.com/companies/warnermedia)