EXHIBIT 21 SUBSIDIARIES OF TIME WARNER INC. Time Warner maintains over 1,500 subsidiaries. Set forth below are the names of certain controlled subsidiaries, at least 50% owned, directly or indirectly, of Time Warner as of December 31, 2005, that carry on a substantial portion of Time Warner's lines of business. The names of various consolidated wholly owned subsidiaries have been omitted. None of the foregoing omitted subsidiaries, considered either alone or together with the other subsidiaries of its immediate parent, constitutes a significant subsidiary. STATE OR OTHER JURISDICTION OF NAME INCORPORATION - ---- ----------------- Time Warner Inc. (Registrant).................................................... Delaware America Online, Inc.......................................................... Delaware Advertising.com, Inc................................................... Maryland AOL Online India Private Limited....................................... India AMSE France SAS........................................................ France AOL Asia Limited....................................................... Hong Kong AOL Canada, Inc........................................................ Canada AOL Community, Inc..................................................... Delaware AOL Deutschland GmbH & Co. KG.......................................... Germany AOL Deutschland Service Operations GmbH & Co. KG....................... Germany AOL Enhanced Services LLC ............................................. Delaware AOL Europe Operations Limited.......................................... Ireland AOL Europe Sarl........................................................ Luxembourg AOL Europe Services Sarl............................................... Luxembourg AOL France SNC......................................................... France AOL Holding Services France SAS........................................ France AOL Member Services Philippines, Inc................................... Philippines AOL Music Now LLC...................................................... Delaware AOL Operations Asia LLC................................................ Delaware AOL Premium Services LLC .............................................. Delaware AOL Services Germany GmbH.............................................. Germany AOL Services (UK) Limited ............................................. United Kingdom AOL Technologies Ireland Limited....................................... Ireland AOL (UK) Limited....................................................... United Kingdom CompuServe Interactive Services France SNC............................. France CompuServe Interactive Services, Inc................................... Delaware Digital City, Inc...................................................... Delaware Digital Marketing Services, Inc........................................ Delaware eVoice, Inc............................................................ Delaware ICQ Ltd................................................................ Israel InfoInterActive Corp................................................... Nova Scotia MapQuest, Inc.......................................................... Delaware Netscape Communications Corporation.................................... Delaware Nullsoft, Inc.......................................................... Arizona Quack.com, Inc......................................................... Delaware Spinner NetworksIncorporated........................................... California Tegic Communications Corporation....................................... Washington Truveo, Inc. .......................................................... Delaware WL Acquisition LLC .................................................... Delaware Historic TW Inc.............................................................. Delaware Turner Broadcasting System, Inc........................................ Georgia Atlanta National League Baseball Club, Inc....................... Georgia Cable News International, Inc.................................... Georgia Cable News Network LP, LLLP...................................... Delaware CNN America, Inc................................................. Delaware CNN Investment Company, Inc...................................... Delaware CNN Newsource Sales, Inc......................................... Georgia EZGift Certificates, Inc....................................... Virginia New Line Cinema Corporation...................................... Delaware New Line Distribution, Inc................................. California New Line Home Entertainment, Inc. New York New Line Productions, Inc.................................. California New Line Television, Inc................................... California New Line Theatricals, Inc.................................. California Picturehouse Films......................................... New York Superstation, Inc................................................ Georgia TEN Investment Company, Inc...................................... Delaware TGN, Inc......................................................... Georgia The Cartoon Network LP, LLLP..................................... Delaware Turner Broadcasting System Asia Pacific, Inc..................... Georgia Turner Broadcasting Sales, Inc................................... Georgia Turner Broadcasting System (Holdings) Europe Ltd................. United Kingdom Turner Broadcasting System International, Inc.................... Georgia Turner Broadcasting System Latin America, Inc.................... Georgia Turner Classic Movies LP, LLLP................................... Delaware Turner Entertainment Group, Inc.................................. Georgia Turner Entertainment Networks Asia, Inc.......................... Georgia Turner Entertainment Networks Inc................................ Georgia Turner Network Sales, Inc........................................ Georgia Turner Network Television LP, LLLP............................... Delaware Turner Sports, Inc............................................... Georgia Time Warner Companies, Inc............................................. Delaware American Television and Communications Corporation............... Delaware Time Inc......................................................... Delaware Bookspan partnership....................................... Delaware (1) Business 2.0 Media Inc..................................... Delaware Entertainment Weekly Inc................................... Delaware Essence Communications Inc................................. Delaware Expansion, S.A. de C.V. (Grupo Editorial Expansion)........ Mexico IPC Group Limited.......................................... United Kingdom Leisure Arts, Inc.......................................... Delaware Life Inc................................................... Delaware Magazine Retail Enterprises Inc............................ Delaware Media Networks, Inc........................................ Delaware Southern Progress Corporation.............................. Delaware Leisure Arts, Inc.................................... Delaware Oxmoor House, Inc.................................... Delaware Sunset Publishing Corporation.............................. Delaware Synapse Group, Inc......................................... Delaware (1) The Parenting Group Inc.................................... Delaware This Old House Ventures, Inc............................... Delaware Time Australia Magazine Pty Limited........................ Australia Time Canada Ltd............................................ Canada Time Consumer Marketing, Inc............................... Delaware Time Customer Service, Inc................................. Delaware Time Direct Ventures LLC................................... Delaware Time Distribution Services Inc............................. Delaware Time/Warner Retail Sales & Marketing Inc............. New York Time Inc. Ventures......................................... Delaware Time Warner Book Group Inc................................. Delaware Little, Brown and Company (Inc.)..................... Massachusetts Warner Books, Inc.................................... New York Time Warner Publishing B.V................................. Netherlands Time4 Media, Inc........................................... New York Warner Communications Inc........................................ Delaware Castle Rock Entertainment.................................. California Castle Rock Entertainment, Inc............................. Georgia Courtroom Television Network LLC........................... New York (1) DC Comics (partnership).................................... New York E.C. Publications, Inc..................................... New York Home Box Office, Inc....................................... Delaware HBO Services, Inc.................................... Delaware Time Warner Cable Inc...................................... Delaware (1) Road Runner HoldCo LLC............................... Delaware Time Warner Cable San Antonio, L.P................... Delaware Time Warner NY Cable LLC............................. Delaware Time Warner Entertainment Company, L.P............... Delaware (1) Time Warner Entertainment-Advance/Newhouse Partnership.................................... New York (1) TW UK Holdings Inc......................................... Delaware Time Warner Entertainment Limited.................... United Kingdom TW Ventures Inc............................................ Delaware Warner Bros. (F.E.) Inc.............................. Delaware Warner Bros. (South) Inc............................. Delaware Warner Bros. Entertainment Inc............................. Delaware Burbank Television Enterprises LLC................... Delaware Telepictures Production Inc.................... Delaware Warner Bros. International Television ......... Delaware Distribution Inc. Delaware Warner Bros. Television Distribution Inc....... Delaware Warner Bros. Television Production Inc......... Delaware Time Warner Entertainment Australia Pty Limited Australia Warner Home Video Inc................................ Delaware Warner Bros. Animation Inc........................... Delaware Warner Bros. Enterprises LLC......................... Delaware Warner Bros. Consumer Products Inc............. Delaware Warner Bros. International Cinemas Inc......... Delaware Warner Bros. Online Inc........................ Delaware Warner Bros. Interactive Entertainment Inc..... California Monolith Productions Inc................. Washington Warner Bros. Technical Operations Inc...... Delaware Warner Bros. Studio Facilities Inc............. Delaware Warner Bros. Entertainment Canada Inc................ Canada Warner Bros. Entertainment GmbH...................... Germany Warner Bros. Entertainment Espana S.L................ Spain Warner Bros. France S.A.............................. France Warner Bros. (Korea) Inc............................. Korea Warner Bros. Theatrical Enterprises LLC.............. Delaware Warner Bros. Pictures Inc...................... Delaware Warner Bros. Distributing Inc.................. Delaware Warner Independent Pictures Inc. Delaware Warner Entertainment Japan Inc....................... Japan Warner Village Cinemas S.p.A......................... Italy (1) WTTA Incorporated.................................... Delaware Hanna-Barbera Entertainment Co., Inc........... California Turner Entertainment Co. Delaware WB Communications Inc................................ Delaware The WB Television Network Partners, L.P........ California (1) WB 100-Plus Station Group Partners Inc......... California Time Warner Finance Ireland Ireland Time Warner Realty Inc....................................................... Delaware (1) Less than 100% owned