Time Warner: Turner Broadcasting

The continuing strong performance of Turner's core television networks business is powering digital growth across the portfolio. Leading the company's entertainment division in 2007, TNT, television's "destination for drama," ranked #1 in total day delivery of Adults 18-49 and Adults 25-54 among advertising-supported cable networks. TNT's The Closer continued as advertising-supported cable's #1 original series of all time in Total Viewer and Household delivery, while TNT's Saving Grace was advertising-supported cable's #1 new original drama series in 2007 among Households. For the third year in a row, Adult Swim was advertising-supported cable's #1 network for total day delivery of Adults 18-34 and Adults 18-24, and it set a new all-time cable in 2007 record for delivery of Adults 18-34. In addition, Turner Broadcasting garnered ten awards at the 59th Primetime Emmy® Awards — eight for Cartoon Network and two for TNT.

Turner's CNN and CNN Headline News networks, 24-hour per day cable television news services, reached approximately 96.4 million U.S. television households and 95.9 million U.S. television households, respectively, as of December 2007. A high definition feed of CNN also is available. As of December 31, 2007, CNN managed 39 news bureaus and editorial operations, of which 10 are located in the U.S. and 29 are located around the world. CNNInternational, an English language news network, reached more than 200 countries and territories as of the end of 2007.

Turner Broadcasting is well-positioned for continuing success through the company's investment in quality entertainment, animation and sports content to sustain the market leadership of Turner's established networks and businesses; technology innovation that furthers CNN's global news-gathering leadership and creates new opportunities for strategic brand extension; and a company-wide focus on Turner's digital future.