EXHIBIT 23.4
 
                       CONSENT OF INDEPENDENT ACCOUNTANTS
 
     We hereby consent to the incorporation by reference in this Registration
Statement on Form S-3 of Time Warner Inc. and Time Warner Companies, Inc.
related to the registration of Debt Securities of Time Warner Companies, Inc.
unconditionally guaranteed by Time Warner Inc. of our report on the Paragon
Communications financial statements and schedule dated January 19, 1995, except
as to Note 6, which is as of January 27, 1995, which is incorporated by
reference in the Time Warner Inc. Annual Report on Form 10-K for the year ended
December 31, 1996. We also consent to the reference to us under the heading
'Experts' in such Registration Statement.
 
                                          PRICE WATERHOUSE LLP
 
Denver, Colorado
October 13, 1997