Exhibit 23.1
Consent of Independent Auditors
We consent to the incorporation by reference in the Registration Statement of
AOL Time Warner Inc. on Form S-8 pertaining to the Time Warner 1986 Stock Option
Plan, the 1988 Stock Incentive Plan of Time Warner Inc., the Time Warner 1989
Stock Incentive Plan, the Time Warner Inc. 1993 Stock Option Plan, the Time
Warner Cable Television Group Stock Incentive Plan, the Time Warner Corporate
Group Stock Incentive Plan, the Time Warner Filmed Entertainment Group Stock
Incentive Plan, the Time Warner Music Group Stock Incentive Plan, the Time
Warner Programming Group Stock Incentive Plan, the Time Warner Publishing Group
Stock Incentive Plan, the Turner Broadcasting System, Inc. 1988 Stock Option
Plan, the Turner Broadcasting System, Inc. 1993 Stock Option and Equity-Based
Award Plan, the New Line Cinema Corporation 1986, 1990 and 1991 Stock Option
Plans, the Africana.com, Inc. 1999 Stock Incentive Plan, and the New Line Cinema
Corporation Nonqualified Stock Option Agreements of our report dated July 20,
2000, with respect to the consolidated financial statements of America Online,
Inc. included in its Annual Report (Form 10-K) for the year ended June 30, 2000,
filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP
McLean, Virginia
January 8, 2001
Consent of Independent Auditors
We consent to the incorporation by reference in the Registration Statement of
AOL Time Warner Inc. on Form S-8 pertaining to the Time Warner 1986 Stock Option
Plan, the 1988 Stock Incentive Plan of Time Warner Inc., the Time Warner 1989
Stock Incentive Plan, the Time Warner Inc. 1993 Stock Option Plan, the Time
Warner Cable Television Group Stock Incentive Plan, the Time Warner Corporate
Group Stock Incentive Plan, the Time Warner Filmed Entertainment Group Stock
Incentive Plan, the Time Warner Music Group Stock Incentive Plan, the Time
Warner Programming Group Stock Incentive Plan, the Time Warner Publishing Group
Stock Incentive Plan, the Turner Broadcasting System, Inc. 1988 Stock Option
Plan, the Turner Broadcasting System, Inc. 1993 Stock Option and Equity-Based
Award Plan, the New Line Cinema Corporation 1986, 1990 and 1991 Stock Option
Plans, the Africana.com, Inc. 1999 Stock Incentive Plan, and the New Line Cinema
Corporation Nonqualified Stock Option Agreements of our reports dated February
2, 2000, with respect to the consolidated financial statements, schedule and
supplementary information of Time Warner Inc. ("Time Warner") and the
consolidated financial statements and schedule of Time Warner Entertainment
Company, L.P., included in Time Warner's Annual Report on Form 10-K, as amended,
for the year ended December 31, 1999, filed with the Securities and Exchange
Commission.
/s/ Ernst & Young LLP
New York, New York
January 8, 2001
