04/03/1989 Time and Warner Communications announce plans to merge
Time Warner History 101
The merger of Time Inc. and Warner Communications was announced in March 1989. During the summer of that same year, Paramount Communications, formerly Gulf+Western, launched a $12.2 billion hostile bid to acquire Time, Inc. in an attempt to end a stock-swap merger deal between Time and Warner Communications.
Time Warner and Time Warner Entertainment (1990-2001)