Time Warner is a global media and entertainment company that creates and delivers content for a variety of platforms, including television and film. It is comprised of three different operating divisions: Home Box Office, Inc., Turner Broadcasting System, Inc., and Warner Bros. Entertainment Inc.
Home Box Office, Inc., includes its namesake, HBO premium television, as well as its sister service, Cinemax. Turner Broadcasting System, Inc., operates news, entertainment, sports, animation, and young adult and children television networks. Just some of Turner Broadcasting System's channels include CNN, TNT, TBS, Cartoon Network, Turner Classic Movies, Adult Swim, truTV and Turner Sports. The Turner division also operates several sports websites, including NBA.com, NCAA.com, PGA.com and bleacherreport.com.
Warner Bros. Entertainment Inc. includes a wide variety of businesses, such as film, TV, home video and comic books. For example, Warner Bros. Pictures Group creates 18-24 films each year, while Warner Bros. Television creates a range sitcoms and dramas for network and cable channels. Warner Bros. Entertainment Inc. also owns DC Entertainment, which operates DC Comics, MAD and Vertigo.
Warner Bros. Consumer Products licenses the rights to the names, likenesses and logos for the division's film and television library. This includes DC Comics characters such as Batman and Wonder Woman, as well as characters from films such as Harry Potter and The Wizard of Oz.