Spectrum News NY 1

Time Warner, founded in 1972 as Warner Communications, is one of the leading global media and entertainment company with operations in interactive services, television networks, cable systems, filmed entertainment and publishing. Its subsidiaries include AOL, HBO, Time Warner Cable, New Line Cinema, Cable News Network, Turner Broadcasting System, Time, and Warner Bros. Entertainment. AOL provides interactive services, Web brands, Internet technologies, and e-commerce services throughout the United States and Europe. It offers online subscription service, including dial-up telephone Internet access, digital services, wireless, and voice-over applications. The company s cable division offers video, data, and digital phone services including digital video, video-on-demand, and video recorders. Warner Bros. Entertainment produces and distributes theatrical motion pictures, television shows, animation and television programming, and home video products. Time Warner Cable offers domestic and international cable networks and a broadcast television network. The company publishes various daily, weekly and sports magazines, including TIME, People, Sports Illustrated, and D C comics. Time Warner is headquartered in New York City.

Showtime Networks owns the premium television networks Showtime, The Movie Channel and Flix, as well as the multiplex channels Showtime Too, Showtime Showcase, Showtime Extreme, Showtime Beyond, Showtime Next, Showtime Women, Showtime FamilyZone and TMC xtra. The cable network also offers Showtime HD and Showtime On Demand, The Movie Channel HD and The Movie Channel On Demand. The network operates and manages the premium television network Sundance Channel, which is a venture between NBC Universal, Robert Redford and Showtime Networks. Showtime markets and distributes sports and entertainment events for exhibition to subscribers on a pay-per-view basis through Showtime PPV. Additionally, the advertiser-supported television network Showtime is available in Turkey through a joint venture with United Kingdom-based Zone Vision. Showtime Networks is headquartered in New York.