Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Magee Karen
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2014
3. Issuer Name and Ticker or Trading Symbol
TIME WARNER INC. [TWX]
(Last)
(First)
(Middle)
ONE TIME WARNER CENTER
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10019
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)   (1) 03/31/2020 Common Stock, Par Value $.01 12,000 $ 31.41 D  
Employee Stock Option (Right to Buy)   (2) 02/06/2021 Common Stock, Par Value $.01 20,010 $ 36.11 D  
Employee Stock Option (Right to Buy)   (3) 02/14/2022 Common Stock, Par Value $.01 21,213 $ 37.48 D  
Restricted Stock Units   (4)   (4) Common Stock, Par Value $.01 46,135 $ (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Magee Karen
ONE TIME WARNER CENTER
NEW YORK, NY 10019
      Executive Vice President  

Signatures

By: Brenda C. Karickhoff for Karen Magee 01/08/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This option becomes exercisable in increments of 25% on the first four anniversaries of the date of grant, April 1, 2010.
(2) This option becomes exercisable in increments of 25% on the first four anniversaries of the date of grant, February 7, 2011.
(3) This option becomes exercisable in increments of 25% on the first four anniversaries of the date of grant, February 15, 2012.
(4) These restricted stock units vest in two equal installments on the third and fourth anniversaries of the date of grant, April 1, 2010, February 7, 2011, February 15, 2012 and February 15, 2013. Shares of Common Stock will be issued to the Reporting Person upon vesting of the restricted stock units.
(5) Each restricted stock unit represents the contingent right to receive one share of Common Stock.
 
Remarks:
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