Time Warner Stock

Time Warner has no current stock price. It was delisted from the NYSE in June 2018 when AT&T completed its $85 billion acquisition, paying approximately $107.50 per share in cash and stock. Time Warner shareholders received AT&T shares as part of the deal. The successor entity now trades as Warner Bros. Discovery (Nasdaq: WBD).

Stock Price of Time Warner

Time Warner was acquired by AT&T in June 2018 and delisted from the NYSE. No current stock price exists.

Historical NYSE share price (USD) — ticker TWX. Data covers the 1990 Time–Warner listing through June 2018 delisting. The 2000 spike reflects the AOL merger; subsequent collapse marks one of history's most dramatic stock destructions.

Time Warner Stock Forecast

No standalone stock forecast applies to Time Warner — it ceased trading in June 2018. Investors seeking exposure to its former assets should look at Warner Bros. Discovery (Nasdaq: WBD), which holds HBO, CNN, Warner Bros. film studio, and the Turner networks. WBD analyst price targets vary widely, reflecting the company's high debt load inherited from the AT&T WarnerMedia structure and ongoing streaming investment costs.

Time Warner Valuation

Time Warner was acquired by AT&T in 2018. Historical NYSE market cap (USD) for the decade prior to acquisition is shown below.

Timeline of Time Warner Funding

  • 1990
    Founding Merger
    Time Inc. and Warner Communications complete a $14 billion stock-based merger to form Time Warner, listing on the NYSE and creating one of the largest media companies in the world.
  • 1996
    Turner Acquisition
    Time Warner acquires Turner Broadcasting System for $7.5 billion in stock, adding CNN, TNT, TBS, and the Cartoon Network to its portfolio in one of the decade's largest media deals.
  • 2001
    AOL Merger (failed)
    AOL and Time Warner complete a $165 billion merger — the largest in US history at the time — but the deal unravels within two years as AOL's value collapses with the dot-com bust.
  • 2014
    Time Inc. Spinoff
    Time Warner spins off its publishing division as independent public company Time Inc., simplifying the corporate structure and focusing capital on higher-growth cable and film assets.
  • 2018
    AT&T Acquisition
    AT&T closes its $85 billion acquisition of Time Warner, paying ~$107.50 per share in a cash and stock deal. The company is renamed WarnerMedia and later merged with Discovery in 2022.

Time Warner Investors

AT&T (Acquirer)
Deal Value~$85B
Price per Share~$107.50
ClosedJune 2018
OutcomeMerged into WarnerMedia → WBD
Vanguard Group
Stake at acquisition~8.2%
Est. Position~$6.5B
TypePassive / Index
ExitReceived AT&T shares (2018)
BlackRock
Stake at acquisition~6.8%
Est. Position~$5.4B
TypePassive / Index
ExitReceived AT&T shares (2018)
State Street Global Advisors
Stake at acquisition~4.2%
Est. Position~$3.3B
TypePassive / Index
ExitReceived AT&T shares (2018)
T. Rowe Price
Stake at acquisition~3.6%
Est. Position~$2.8B
TypeActive / Growth
ExitReceived AT&T shares (2018)