Time Warner, founded in 1972 as Warner Communications, is one of the leading global media and entertainment company with operations in interactive services, television networks, cable systems, filmed entertainment and publishing. Its subsidiaries include AOL, HBO, Time Warner Cable, New Line Cinema, Cable News Network, Turner Broadcasting System, Time, and Warner Bros. Entertainment. AOL provides interactive services, Web brands, Internet technologies, and e-commerce services throughout the United States and Europe. It offers online subscription service, including dial-up telephone Internet access, digital services, wireless, and voice-over applications. The company s cable division offers video, data, and digital phone services including digital video, video-on-demand, and video recorders. Warner Bros. Entertainment produces and distributes theatrical motion pictures, television shows, animation and television programming, and home video products. Time Warner Cable offers domestic and international cable networks and a broadcast television network. The company publishes various daily, weekly and sports magazines, including TIME, People, Sports Illustrated, and D C comics. Time Warner is headquartered in New York City.