Time Warner Inc.

Global Media, Entertainment and Publishing Company

On Monday June 9 2014, the nation’s largest magazine publisher will begin trading as an independent company — stock symbol: TIME — with an uncertain future. What was once a jewel in terms of profit and stature is now a drag on the share price of Time Warner, its parent company, and is being spun off with little ceremony and a load of debt. Absent the diversified portfolio of Time Warner, Time Inc. will be going it alone with more than 90 magazines and 45 websites in a market that views print as a thing of the past. The new entity will start off with $1.3 billion in debt, including $600 million that will go toward a one-time cash dividend to Time Warner shareholders.

Relationships Interlocks Giving Data

Leadership & Staff

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Patricia Filikrushel

• Executive Vice President

Douglas Edward Horne

• Controller (Jan '15→?) [+1]

• SVP (Jan '15→?)

Edward I Adler

• Executive Vice President

Pascal Desroches

• SVP (Jan '08→?) [+1]

• Controller (Jan '08→?)

Sandra M Aistars

• Associate General Counsel, IP dept.

Alan F Horn chairman, Walt Disney Studios

• President and COO, Warner Bros. Entertainment Inc. (Oct 4 '99→?)

Carol Melton EVP for global public policy, Time Warner

• Executive Vice President [+1]

• Executive Vice President - Global Public Policy (?→'15)

Paul T Cappuccio

• General Counsel [+1]

• Chief Legal Officer (?→'15)

Gerald Levin Former Time Warner CEO responsible for the AOL merger in 2000

• CEO (past)

Jamil Farshchi Chief information security officer, Equifax

• Chief Information Security Officer (past)

Board Members

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Robert C Clark Professor of Law at Harvard Law School

• Director ('04→?)

Deborah C Wright retired Chairman, president, and CEO of Carver Bancorp

• Director ('05→?)

Jeffrey L Bewkes Former President and CEO of Time Warner

• CEO [+3]

• President

• Chairman & Chief Executive Officer (?→'18)

• Director ('07→Jun '18)

J Richard Munro Former co-chair and co-CEO, Time Warner

• Chairman and CEO, Time Inc. (?→'90)*

Clifton R Wharton Jr Michigan State University's fourteenth President; Deputy Secretary of State

• Board Member (past)

Herbert M Allison Jr. Former Fannie Mae, TIAA-CREF and Merrill Lynch executive; former Treasury official under Obama

• Board Member (Aug '08→?)

Frank J Caufield

• Director ('01→?)

Reuben Mark

• Director ('01→?)

Michael A Miles

• Director ('01→?)

Richard D Parsons Former Citigroup chairman, took leadership roles at trouble companies including Time Warner and CBS

• Director ('01→?) [+1]

• Chairman of the Board (past)

Donors

Walton Family Foundation Inc Philanthropic foundation affiliated with family that owns Walmart

• Donation/Grant · 2,327,435 USD ('15→'16)

Donations

NARAL Minnesota Minnesota NARAL chapter

• Donation/Grant

Eyebeam non-profit art and technology center in NYC

• Donation

Child Organizations

Time Warner Enterprises Time Warner's business development division

• Child Org

AOL Internet and media company

• Child Org

CNN U.S. cable TV network founded in 1980 by Ted Turner; owned by Time Warner

• Child Org

Time Warner Political Action Committee

• Child Org

Warner Brothers Interactive Entertainment (WB Interactive) Video Game Arm of Warner Brothers

• Child Org

Historic TW Inc. Media and entertainment company

• parent company ('89→?)

Memberships

U.S. Business Coalition for TPP Group of over 150 corporations and trade associations pushing for the TPP

• Member

US-ASEAN Business Council Advocacy organization for U.S. corporations operating within the ASEAN

• Member

Domestic Security Alliance Council Partnership between FBI, DHS, and private sector

• Leadership Board Member

Sensible Food Policy Coalition corporate front group

• Member

Council on Foreign Relations US foreign policy think tank

• "premium" corporate member

The Partnership for New York City, Inc. Nonprofit membership organization comprised of a select group of two hundred CEOs from top NYC-based businesses

• partner company

Services & Transactions

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Ernst & Young LLP One of the "Big Four" US accounting firms

• auditing firm · 14,427,000 USD ('10)*

Williams & Jensen Lobbying firm based in Washington, DC

• Lobbying Firm · 3,850,000 USD ('99→'08)

DLA Piper Law firm created in 2005 by the merger of DLA, Piper Rudnick and Gray Cary, followed by aggressive growth in the CIS, Germany, Spain, Asia, the Middle East and important US markets, among others.

• Lobbying Firm · 2,420,000 USD ('99→'07)

Duberstein Group

• Lobbying Firm · 1,692,500 USD ('99→'08)

Akin Gump Large law and lobbying firm; founded by Robert Strauss in 1945

• Lobbying Firm · 1,420,000 USD ('99→'06)

Capitol Tax Partners LLP Lobbying shop focusing on tax legislation

• Lobbying Firm · 1,360,000 USD ('02→'08)

Cormac Group

• Lobbying Firm · 1,260,000 USD ('02→'08)

Downey McGrath Group Inc

• Lobbying Firm · 1,240,000 USD ('99→'06)

Mayer Brown LLP Global lobbying/law firm specializing in Global business litigation

• Lobbying Firm · 1,165,000 USD ('00→'08)

Lent Scrivner & Roth LLC

• Lobbying Firm · 1,060,000 USD ('99→'06)

Lobbying

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Office of the Vice President of the United States Personnel who directly support or advise the vice president

• Direct Lobbying ('06) [+1]

• Direct Lobbying ('04→'05)

Department of Veterans Affairs US Department of Veterans Affairs

• Direct Lobbying ('04)

Office of the United States Trade Representative Office that facilitates global trade on behalf of the United States

• Direct Lobbying ('01→'08)

White House Office Includes multiple levels of presidential advisory boards and advisors

• Direct Lobbying ('99→'07)

U.S. Department of the Treasury

• Direct Lobbying ('99→'07)

US House of Representatives lower house of the United States Congress

• Direct Lobbying ('99→'08)

Federal Communications Commission regulates communications by radio, television, wire, satellite, and cable

• Direct Lobbying ('00→'08)

US Department of Commerce

• Direct Lobbying ('99→'08)

US Department of State Federal executive department responsible for carrying out U.S. foreign policy and international relations

• Direct Lobbying ('07→'08)

US Senate upper house of the United States Congress

• Direct Lobbying ('99→'08)

Miscellaneous Relationships

Warner Media / WarnerMedia Formerly Time Warner

• Successor To ('90→?)*

Common Core State Standards The Common Core State Standards

• supported by