Time Warner Through the Years

1910s

1918 – The four Warner Brothers, Jack, Albert, Harry and Samuel, open their first West Coast studio

 

1920s

1921 – Luce and Yale classmate Briton Hadden begin working together as reporters for The Baltimore News

1923 – The four brother’s film distribution and production business is incorporated and called Warner Brothers Pictures Inc.

1923 – Luce and Hadden use the $86,000 they raised to release Time magazine. Hadden becomes editor while Luce serves as business manager

1927 – Warner Brothers film production releases the first “talkie” Al Jolson’s The Jazz Singer

1928 – First Time Man-of-the-Year features Charles Lindbergh

1929 – Hadden dies of a streptococcus infection. Luce takes over as Time editor

1930s

1930 – Fortune magazine is launched by Luce as part of Time Inc.

1931 – March of Time radio program first airs

1934 – Luce launches Architectural Forum

1935 – March of Time newsreel first runs its first newsreel

1936 – Life magazine is launched

1937 – Detective Comics (DC) is created

1938 – Ted Turner born in Cincinnati, OH

1940s

1940 – Bugs Bunny appears for the first time in a Warner Brothers’ short A Wild Hare

1942

-March of Time became straight news program
1944 – Leon Schlesinger sells his cartoon studio (Looney Tunes) to Warner
 
 

 

1947 – Jack Warner testifies before House Committee on Un-American Activities

1948 – Warner Brothers sells film library to MGM. The Supreme Court’s anti-trust Paramount Decree forces movie studios to divest themselves from owning theaters

 

1950s

1950 – Elektra Records is founded by a college student, Jac Holzman

1952 – House and Home magazine launched. Time makes first investment in television industry by purchasing KOB-TV Albuquerque, NM

1954 – Sports Illustrated is launched

1958 – Warner Bros. Records is founded. Label is later called WEA (Warner/Elektra/Atlantic)

 

1960s

1960 – Brown University expels Ted Turner

1961 – Time-Life Inc. is formed to be Time Inc.’s book division

1963 – Ted Turner’s father Ed commits suicide because of financial difficulties. Ted takes over family’s billboard business

1963 – Animation division at Warner closed. Frank Sinatra sells his Reprise record label to Warner Brothers

1967 – Henry Luce dies in Phoenix, Arizona

1967 – Seven Arts Ltd. buys Warner Brothers for $84 million. Company becomes known as Warner-Seven Arts. Warner Seven-Arts purchases Atlantic Records

1967 – New Line Cinema formed

1967 – Kinney National Company, a funeral parlor conglomerate purchases D.C. Comics and All-American Comics. Kinney also buys Ashley Famous talent agency

1968 – Time-Life Inc. acquires Little, Brown and Company

1969 – Kinney National Company acquires Warner-Seven Arts and in 1972 renames the company Warner Communications Inc.

 

1970s

1970 – Holzman sells his Elektra Records to Warner Communications

1970 – Turner purchases Atlanta UHF television station, WJRJ, renaming it WTCG (Turner Communications Group)]

1972 -Time Inc. buys Home Box Office (HBO) from Charles Dolan. HBO transmits first programming to 365 subscribers in Wilkes-Barre, PA. Money magazine launched

1974 – People magazine launched

1976 – Ted Turner purchases Major League Baseball’s Atlanta Braves. Turner Broadcasting’s WTCG becomes cable television’s first Superstation as it is beamed via satellite to cable homes across the country

1976 – Video game pioneer Nolan Bushnell sells Atari to Warner Communications for $28 million.

1977 – Turner Communications Group purchases the National Basketball Association’s Atlanta Hawks. Turner wins yachting’s America’s Cup

1978 – Warner Communications acquires cable operator American Television & Communications (ATC)

1979 – Turner Communications Group becomes Turner Broadcasting System, Inc. WTCG is renamed WTBS

 

1980s

1980 – The first 24-hour, all-news network, CNN, is launched with 1.7 million subscribers

1982 – Turner Broadcasting launches CNN Headline News and thwarts a takeover attempt by Westinghouse

1984 – Warner Communications sells most of its stake in Atari off to Jack Tramiel, deposed president of Commodore Computers.

1986 – Time acquires Scott Foresman & Company book publishing unit

1986 – Turner Broadcasting buys MGM library of movies and television shows

1987 – Warner acquires Chappell Music

1988 – TNT cable network launched

1989 – Time Warner Inc. is formed after Time merges with Warner Communications

1989 – Publishing houses Scott Foresman and Little, Brown sold off to Harper Row

1990s

1990 – Entertainment Weekly is launched

1991 – The Internet bulletin-board system Quantum Computer Services changes name to America Online. Steve Case is one of the company’s founders

1991 – The Tribune Company receives a 9% stake in AOL after making a $5 million investment in the company

1992 – Gerald Levin takes control of Time Warner after death of Steven J. Ross. New York 1 News launched

1992 – America Online becomes a publicly traded company

1992 – Turner Broadcasting launches Cartoon Network

1993 – Turner Broadcasting System merges with Castle Rock and New Line

1994 – AOL reaches 1 million subscribers

1994 – Turner Classic Movies is launched

1994 – Warner/Chappell Music becomes the world’s largest music publisher after it acquires CPP/Belwin

1994 – In Style magazine is launched

1994 – Edgar Bronfman Jr.’s Seagram company acquires a 14.5% stake in Time Warner

1995 – AOL launches services in Europe. AOL purchases WebCrawler

1995 – Time Warner acquires Houston Industries

1995 – WB network broadcast network is launched

1996 – Telecommunications Act of 1996. Time Warner acquires Turner Broadcasting System

1997 – Time Warner sells American Lawyer magazine to investment bankers Wasserstein Perella

1997 – AOL acquires CompuServe and ICQ

1998 – AOL acquires Netscape

1999 – AOL acquires Spinner, Winamp, SHOUTcast and DMS

1999 – Turner acquires a National Hockey League expansion franchise. The Atlanta Thrashers begin play in 1999

2000 – Present

2000 – AOL acquires MapQuest

2000 – Time Warner makes deal with Tribune Company for Times Mirror magazines that include Golf, Ski, Skiing, Field & Stream, and Yachting

2000 – AOL and Time Warner announce their $183 billion merger. The largest corporate merger in history is finalized in January of 2001. The world’s largest media and entertainment company changes name to AOL Time Warner

2001 – AOL Time Warner acquires the United Kingdom’s top magazine publisher, IPC Media, from Cinven for $1.67 billion.

2002 – AOL Time Warner buys out AT&T’s stake in Time Warner Entertainment. AOL-Time Warner then created its own cable operation while AT&T merged with Comcast.

2003 – Steve Case steps down as AOL Time Warner chairman. Dick Parsons replaces Case. AOL Time Warner reports $54.24 billion quarterly loss. Company changes name back to Time Warner

2004 – Time Warner sells the Atlanta Hawks, Atlanta Thrashers, and Philips Arena to a local investment group

2004 – The Time Warner Center opens

2004 – Time Warner finalizes deal to sell the WEA CD and DVD manufacturing division to Cinram International. The company agrees to sell Warner Music Group (including its record labels Warner Brothers, Atlantic, Elektra and music publishing division Warner Chappell) to private investor group led by Edgar Bronfman, Jr.

2005– America Online Inc. agrees to buy Weblogs Inc., the publisher of 85 freelance online sites about cars, movies, parenting, travel and other subjects, the latest move by the Dulles-based Internet service to increase the size of its audience and profit from ads.

 

All information from:

http://cjrarchives.org/_deprecate/timewarner-timeline.asp

http://www.washingtonpost.com/wp-dyn/content/article/2005/10/28/AR2005102800747.html

 

 

 

 

 

 

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