Time Warner

Time Warner Inc. {{NYSE|TWX}} (AOL Time Warner Inc. between 2001 and 2003) is the world's largest media company with major Internet, publishing, film, telecommunications and television divisions. The company is officially headquartered in New York, New York, United States.

Financials

Time Warner's market capitalization is US$84 billion (2004). When the AOL-Time Warner merger was announced in January 2000, the combined market capitalization was $280 billion.

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For fiscal year 2002 the company made a $99 billion income statement loss (http://finance.yahoo.com/q/is?s=TWX&annual) because of $100 billion in non-recurring charges.

Related Topics:
Income statement - Non-recurring

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