EXHIBIT 23.3
 
INDEPENDENT AUDITORS' CONSENT
 
  We consent to the incorporation by reference in this Amendment No. 2 to
Registration Statement Nos. 33-61523, 33-61523-01, 33-61523-02 and 33-61523-03
of Time Warner Inc., Time Warner Capital I, Time Warner Capital II and Time
Warner Capital III on Form S-3 of our report dated March 10, 1995, with respect
to the consolidated financial statements of Summit Communications Group, Inc.
incorporated by reference in the Form 8-K of Time Warner Inc. dated May 30,
1995, and to the reference to us under the heading "Experts" in the Prospectus,
which is part of such Registration Statement.
 
/s/ Deloitte & Touche LLP
 
Deloitte & Touche LLP
Atlanta, Georgia
November 6, 1995