<ARTICLE>        5
<LEGEND>
TIME WARNER INC.                                             Exhibit 27
FINANCIAL DATA SCHEDULE


        This schedule contains summary financial information extracted 
from the financial statements of Time Warner Inc. for the quarter ended 
March 31, 1995 and is qualified in its entirety by reference to such 
financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                               
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