EXHIBIT 23.5
 
                       CONSENT OF INDEPENDENT ACCOUNTANTS
 
     We hereby consent to the incorporation by reference in the Prospectus
constituting part of this Registration Statement on Form S-3 of Time Warner Inc.
and Time Warner Companies, Inc. of our report dated February 5, 1996, which
appears on page 53 of Turner Broadcasting System, Inc.'s Annual Report to
Shareholders, which is incorporated by reference in Turner Broadcasting System,
Inc.'s Annual Report on Form 10-K for the year ended December 31, 1995, which is
incorporated by reference from Time Warner Inc.'s Current Report on Form 8-K
dated March 21, 1997. We also consent to the incorporation by reference of our
report on the Financial Statement Schedule, which appears on page 43 of such
Annual Report on Form 10-K. We also consent to the reference to us under the
heading 'Experts' in such Prospectus.
 
                                          PRICE WATERHOUSE LLP
 
Atlanta, Georgia
August 4, 1997