Time Warner no longer reports revenue independently. AT&T acquired the company in June 2018, folding its financials into WarnerMedia. Time Warner's last full-year revenue as a standalone public company was approximately $31.3 billion for 2017, driven by subscription fees from HBO, advertising from Turner networks, and theatrical and home entertainment revenue from Warner Bros.
Time Warner Revenue
Annual revenue from the 1990 Time–Warner merger through FY2017. Includes the AOL-Time Warner period (2001–2009). Revenue jumps in 2001 reflect AOL consolidation; the drop after 2009 reflects the AOL spinoff.
Time Warner Annual Revenue
| Year | Revenue (USD) | YoY Change |
|---|---|---|
| 2009 | $25.8B | — |
| 2010 | $26.9B | +4.3% |
| 2011 | $28.9B | +7.4% |
| 2012 | $29.8B | +3.1% |
| 2013 | $29.8B | Flat |
| 2014 | $27.1B | −9.1% |
| 2015 | $28.1B | +3.7% |
| 2016 | $29.3B | +4.3% |
| 2017 | $31.3B | +6.8% |
| 2018 | N/A (acquired) | AT&T merger |
Note: 2014 decline reflects the spinoff of Time Inc. as an independent publicly traded company in June 2014, removing publishing revenue from the Time Warner consolidated group.