So... Both of you are correct. Basically they fall under Warner Parent (Time Warner) since they were part of the Turner deal. So yes, they are part of Warner, but each entertainment studio is a separate part of a huge business. Each studio does its own production and distribution. But they all fall under Mr. Parson. Look for Mr. Parson to really start streamlining and possibly dumping. AOL and Time are losing money big time.
S~
I read that they were.
Its definitely a confusing structure with the "Warner" name