<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements of Time Warner Inc. for the year ended December 31, 1994
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               DEC-31-1994
<CASH>                                             282
<SECURITIES>                                         0
<RECEIVABLES>                                    2,207
<ALLOWANCES>                                       768
<INVENTORY>                                        370
<CURRENT-ASSETS>                                 2,817
<PP&E>                                           1,410
<DEPRECIATION>                                     657
<TOTAL-ASSETS>                                  16,716
<CURRENT-LIABILITIES>                            2,972
<BONDS>                                          8,839
<COMMON>                                           379
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          1
<OTHER-SE>                                         768
<TOTAL-LIABILITY-AND-EQUITY>                    16,716
<SALES>                                          7,396
<TOTAL-REVENUES>                                 7,396
<CGS>                                            4,307
<TOTAL-COSTS>                                    4,307
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 769
<INCOME-PRETAX>                                     89
<INCOME-TAX>                                       180
<INCOME-CONTINUING>                               (91)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      (91)
<EPS-PRIMARY>                                    (.27)
<EPS-DILUTED>                                    (.27)