EXHIBIT 23(b) CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference of our report dated March 8, 1996, with respect to the consolidated financial statements and schedule of Cablevision Industries Corporation and Subsidiaries ('Cablevision') included in Cablevision's Annual Report on Form 10-K for the year ended December 31, 1995, incorporated by reference in the Current Report on Form 8-K of Time Warner Inc. dated March 21, 1997, in each of the following: 1. Registration Statement No. 333-11471 on Form S-4; 2. Post-Effective Amendment No. 1 to Registration Statement No. 333-11471 on Form S-4 filed on Form S-8; 3. Post-Effective Amendment No. 2 to Registration Statement No. 333-11471 on Form S-4 filed on Form S-8; 4. Post-Effective Amendment No. 3 to Registration Statement No. 333-11471 on Form S-4 filed on Form S-8; 5. Post-Effective Amendment No. 4 to Registration Statement No. 333-11471 on Form S-4 filed on Form S-8; 6. Post-Effective Amendment No. 5 to Registration Statement No. 333-11471 on Form S-4 filed on Form S-8; 7. Post-Effective Amendment No. 1 to Registration Statement No. 333-14053 on Form S-8; 8. Registration Statement No. 333-14611 on Form S-3; 9. Registration Statement No. 333-17171 on Form S-3 (and Registration Statement No. 333-17171-01 of Time Warner Companies, Inc. as to which the prospectus also relates to post-effective amendment to Registration Statement No. 33-50237 of Time Warner Companies, Inc.); 10. Registration Statement No. 33-61497 on Form S-8 of Time Warner Companies, Inc. ERNST & YOUNG LLP New York, New York March 21, 1997