INDEPENDENT AUDITORS' CONSENT
 
     We consent to  the incorporation by  reference in this  Amendment No. 1  to
Registration  Statement Nos.  33-60203 and 33-60203-01  of Time  Warner Inc. and
Time Warner Financing  Trust on Form  S-3 of  our report dated  March 10,  1995,
appearing in the Annual Report on Form 10-K of Summit Communications Group, Inc.
for  the year  ended December  31, 1994, and  to the  reference to  us under the
heading 'Experts'  in  the  Prospectus,  which  is  part  of  such  Registration
Statement.
 
DELOITTE & TOUCHE LLP
DELOITTE & TOUCHE LLP
Atlanta, Georgia
July 19, 1995