EXHIBIT 23.(b)
  
         CONSENT OF INDEPENDENT PUBLIC 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 October 27, 1997,
  in each of the following:
  
   1.   Registration Statement No. 333-11471 on Form S-4 for Time
          Warner Inc. (formerly named TW Inc.);
   2.   Post-Effective Amendment No. 1 to Registration Statement No.
          333-11471 on Form S-4 filed on Form S-8 of Time Warner Inc.;
   3.   Post-Effective Amendment No. 2 to Registration Statement No.
          333-11471 on Form S-4 filed on Form S-8 of Time Warner Inc.;
   4.   Post-Effective Amendment No. 3 to Registration Statement No.
          333-11471 on Form S-4 filed on Form S-8 of Time Warner Inc.;
   5.   Post-Effective Amendment No. 4 to Registration Statement No.
          333-11471 on Form S-4 filed on Form S-8 of Time Warner Inc.;
   6.   Post-Effective Amendment No. 5 to Registration Statement No.
          333-11471 on Form S-4 filed on Form S-8 of Time Warner Inc.;
   7.   Post-Effective Amendment No. 1 to Registration Statement No.
          333-14053 on Form S-8 of Time Warner Inc.;
   8.   Registration Statement No. 333-14611 on Form S-3 of Time
          Warner Inc.;
   9.   Registration Statement No. 333-27265 on Form S-8 of Time
          Warner Inc.;
   10.  Registration Statement No. 333-32813 on Form S-3 of Time
          Warner Inc. and Time Warner Companies, Inc.;
   11.  Registration Statement No. 333-37827 on Form S-3 of Time
          Warner Inc. (and Registration No. 333-37827-01 of Time
          Warner Companies, Inc.) (prospectus also relates and
          constitutes a post-effective amendment to Registration No.
          333-32813); and
   12.  Registration Statement No. 33-61497 on Form S-8 of Time
          Warner Companies, Inc. 
  
  
  ERNST & YOUNG LLP
  New York, New York
  November 3, 1997