SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 1, 1995
TIME WARNER INC.
(Exact name of registrant as specified in its charter)
Delaware 1-8637 13-1388520
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation File Number) Identification No.)
or organization)
75 Rockefeller Plaza, New York, NY 10019
(Address of principal executive offices) (zip code)
(212) 484-8000
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
<PAGE>
Item 2.
On April 1, 1995, Time Warner Entertainment Company,
L.P., 63.27% of the residual equity of which is owned by Time
Warner Inc. ("TWE"), closed its previously announced transaction
with Advance/Newhouse Partnership, a New York general
partnership between Newhouse Broadcasting Corporation and a
wholly-owned subsidiary of Advance Publications, Inc.
("Advance/Newhouse"). Pursuant to the agreements governing the
transaction, TWE and Advance/Newhouse formed a New York general
partnership known as Time Warner Entertainment-Advance/Newhouse
Partnership (the "Partnership") which owns and operates cable
television systems (or interests therein), serving approximately
4.5 million subscribers, and certain foreign cable investments
and programming investments previously owned by TWE and
Advance/Newhouse. TWE owns a two-thirds equity interest in the
Partnership and Advance/Newhouse owns a one-third equity
interest. TWE is the Managing Partner and governs the day-to-
day affairs of the Partnership.
Item 7. (a) Financial Statements of Business Acquired
It is impracticable to provide the required
financial statements of the business acquired at
this time. The Registrant will file the required
financial statements as soon as practicable but
in no event later than June 15, 1995.
(b) Pro Forma Financial Information
It is impracticable to provide the required pro
forma financial information at this time. The
Registrant will file the required pro forma
financial information as soon as practicable but
in no event later than June 15, 1995.
(c) Exhibits
10(a) Contribution Agreement, dated as of
September 9, 1994, among TWE, Advance
Publications, Inc., Newhouse
Broadcasting Corporation,
Advance/Newhouse, and Time Warner
Entertainment-Advance/Newhouse
Partnership (incorporated by reference
to Exhibit 10(a) to TWE's Current
Report on Form 8-K dated September 9,
1994).
10(b) Partnership Agreement, dated as of
September 9, 1994, between TWE and
Advance/Newhouse (incorporated by
reference to Exhibit 10(b) to TWE's
Current Report on Form 8-K dated
September 9, 1994).
10(c) Letter Agreement, dated April 1, 1995,
among TWE, Advance/Newhouse, Advance
Publications, Inc. and Newhouse
Broadcasting Corporation (incorporated
by reference to Exhibit 10(c) to TWE's
Current Report on Form 8-K dated
April 1, 1995).
99(a) Press Release, dated April 3, 1995
(incorporated by reference to Exhibit
99(a) to TWE's Current Report on Form
8-K dated April 1, 1995).
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of New York, State of New York, on
April 6, 1995.
TIME WARNER INC.
By: /s/ Thomas W. McEnerney
Name: Thomas W. McEnerney
Title: Vice President
<PAGE>
EXHIBIT INDEX
Pursuant to Item 601 of Regulation S-K
Sequentially
Exhibit No. Description of Exhibit Numbered
10(a) Contribution Agreement, dated
as of September 9, 1994, among
Time Warner Entertainment
Company, L.P., Advance Publications,
Inc., Newhouse Broadcasting
Corporation, Advance/Newhouse
Partnership, and Time Warner
Entertainment-Advance/Newhouse
Partnership (incorporated by
reference to Exhibit 10(a) to
Time Warner Entertainment Company,
L.P.'s Current Report on Form 8-K
dated September 9, 1994)*/
10(b) Partnership Agreement, dated as of
September 9, 1994, between Time
Warner Entertainment Company, L.P.
and Advance/Newhouse Partnership
(incorporated by reference to
Exhibit 10(b) to Time Warner
Entertainment Company, L.P.'s
Current Report on Form 8-K dated
September 9, 1994)*/
10(c) Letter Agreement, dated April 1,
1995, among Time Warner
Entertainment Company, L.P.,
Advance/Newhouse Partnership,
Advance Publications, Inc. and
Newhouse Broadcasting Corporation
(incorporated by reference to
Exhibit 10(c) to Time Warner
Entertainment Company, L.P.'s
Current Report on Form 8-K
dated April 1, 1995)*/
99(a) Press Release, dated April 3,
1995 (incorporated by reference
to Exhibit 99(a) to Time Warner
Entertainment Company, L.P.'s
Current Report on Form 8-K dated
April 1, 1995)*/
______________________
*/ Incorporated by reference
