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Warner Media, LLC is an American multinational mass media and entertainment conglomerate corporation owned by AT&T and headquartered at the 30 Hudson Yards complex in New York City, United States
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Warner Media, LLC is an American multinational mass media and entertainment conglomerate corporation owned by AT&T and headquartered at the 30 Hudson Yards complex in New York City, United States. It was originally established in 1972 by Steve Ross as Warner Communications, and Time Warner was created in 1990, following a merger between Time Inc. and the original Warner Communications. The company has film, television and cable operations, with its assets including WarnerMedia Studios & Networks; WarnerMedia News & Sports; WarnerMedia Sales & Distribution; and WarnerMedia Direct. Despite spinning off Time Inc. in 2014, the company retained the Time Warner name until AT&T's acquisition in 2018, after which it became WarnerMedia. On October 22, 2016, AT&T officially announced that intended on acquiring Time Warner for $85.4 billion, valuing the company at $107.50 per share.