Item 8.01 Other Events.

As previously reported, on March 27, 2009, Time Warner Inc., a Delaware corporation (the "Company" or "Time Warner"), implemented a reverse stock split that proportionately reduced the number of shares of Time Warner common stock outstanding or held in treasury based on a reverse stock split ratio of one-for-three (the "Reverse Stock Split"). As the Reverse Stock Split was effectuated subsequent to the filing on February 20, 2009 with the Securities and Exchange Commission of the Company's Annual Report on Form 10-K for the year ended December 31, 2008 (the "2008 Form 10-K"), the Company has attached as Exhibit 99.1 to this Current Report on Form 8-K the relevant per share data for Time Warner reflecting the Reverse Stock Split (the "Per Share Data"). The Per Share Data should be read in conjunction with "Management's Discussion and Analysis of Results of Operations and Financial Condition" and the Company's consolidated financial statements and notes thereto included in the Company's 2008 Form 10-K.

Item 9.01 Financial Statements and Exhibits.

Exhibit Description

99.1 Per Share Data for Time Warner Inc. reflecting Reverse Stock Split.

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