Introduction: The company I choose to research for this short memo is Time Warner. Furthermore, for this assignment I will investigate the history, products sold, and apply the concept of total cost of ownership pertaining to this company.
History: As noted by Aline Selyukh (2016), Time Warner first began as two separate companies that merged in 1989: Warner Brothers film company, and Time Inc. magazine (Selyukh, 2016). Moreover, the website NPR states that a few years after the merger the company acquired Turner broadcast system, aligning “brands…CNN, Time magazine, Warner Brothers, and the Cartoon Network” together (Selyukh, 2016). Then Selyukh explains that the 2000’s was the rise of AOL which was acquired by Time Warner later that year;