Time Warner Inc. (Time Warner), is a media and entertainment company. The Company operates in three reporting segments: Networks, Film and TV Entertainment and Publishing. Networks consist of television networks and premium pay and basic tier television services and digital media properties. Film and TV Entertainment consists of feature film, television, home video and videogame production and distribution. Publishing consists of magazine publishing. At August 2012, Turner Broadcasting System, Inc. acquired Bleacher Report. The company’s channels and magazines includes cartoon network, Home box office, Turner’s networks, TBS, truTV, Turner Classic Movies, Boomerang, times magazine, Forbes magazine, CNN networks, HLN networks, HBO and the like.