NEW YORK – The Board of Directors of Time Warner Inc. (NYSE:TWX) today declared a regular quarterly cash dividend of $0.1875 per share on its Common Stock, payable in cash on December 9, 2009, to stockholders of record at the close of business on November 27, 2009.

The per share amount of this dividend is the same as the per share amounts of the cash dividends paid on the Time Warner Inc. Common Stock in previous quarters this year.

About Time Warner Inc.
Time Warner Inc., a global leader in media and entertainment with businesses in television networks, filmed entertainment, publishing and interactive services, uses its industry-leading operating scale and brands to create, package and deliver high-quality content worldwide through multiple distribution platforms. 

Information on Time Warner’s Spin-Off Dividend of AOL Shares
Time Warner Inc. issued a separate press release today regarding a dividend of AOL Inc. common stock to Time Warner stockholders.