<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
                                                                      Exhibit 27
                                TIME WARNER INC.
                             FINANCIAL DATA SCHEDULE


         This schedule contains summary financial information extracted from the
financial  statements  of Time Warner Inc.  for the three months ended March 31,
2000 and is qualified in its entirety by reference to such financial statements.

</LEGEND>
<MULTIPLIER> 1,000,000

<S>                                                           <C>
<PERIOD-TYPE>                                                 3-MOS
<FISCAL-YEAR-END>                                             DEC-31-2000
<PERIOD-START>                                                JAN-01-2000
<PERIOD-END>                                                  MAR-31-2000
<CASH>                                                                  848
<SECURITIES>                                                              0
<RECEIVABLES>                                                         5,880
<ALLOWANCES>                                                          1,645
<INVENTORY>                                                           6,372
<CURRENT-ASSETS>                                                      8,876
<PP&E>                                                               14,768
<DEPRECIATION>                                                        5,835
<TOTAL-ASSETS>                                                       50,213
<CURRENT-LIABILITIES>                                                 8,649
<BONDS>                                                              17,734
<COMMON>                                                                 13
<PREFERRED-MANDATORY>                                                     0
<PREFERRED>                                                               1
<OTHER-SE>                                                           10,250
<TOTAL-LIABILITY-AND-EQUITY>                                         50,213
<SALES>                                                               6,549
<TOTAL-REVENUES>                                                      6,549
<CGS>                                                                 3,929
<TOTAL-COSTS>                                                         3,929
<OTHER-EXPENSES>                                                          0
<LOSS-PROVISION>                                                          0
<INTEREST-EXPENSE>                                                      398
<INCOME-PRETAX>                                                          64
<INCOME-TAX>                                                             32
<INCOME-CONTINUING>                                                      96
<DISCONTINUED>                                                            0
<EXTRAORDINARY>                                                           0
<CHANGES>                                                                 0
<NET-INCOME>                                                             96
<EPS-BASIC>                                                          (0.08)
<EPS-DILUTED>                                                        (0.08)




</TABLE>