UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549
                                -----------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934

      Date of Report (Date of Earliest Event Reported): November 24, 2003

                                TIME WARNER INC.

               (Exact Name of Registrant as Specified in Charter)

    Delaware                          1-15062                      13-4099534
    --------                          -------                      ----------
(State or Other Jurisdiction   (Commission File Number)          (IRS Employer
     of Incorporation)                                       Identification No.)

                 75 Rockefeller Plaza, New York, New York 10019
                 ----------------------------------------------
               (Address of Principal Executive Offices) (Zip Code)


                                  212-484-8000
                                  ------------
              (Registrant's telephone number, including area code)


                                 Not Applicable
                                 --------------
          (Former Name or Former Address, if Changed Since Last Report)











Item 5.  Other Events and Regulation FD Disclosure.

On November 24, 2003,  Time Warner Inc.  ("Time  Warner")  announced that it had
entered into an agreement  with an investor group led by Thomas H. Lee Partners,
Edgar  Bronfman,  Jr., Bain Capital and Providence  Equity Partners to sell Time
Warner's  Warner  Music Group for  approximately  $2.6 billion in cash and other
consideration. A copy of the press release is attached to this report as Exhibit
99.1.

Item 7.  Financial Statements and Exhibits.

Exhibit                   Description
-------                   -----------

99.1                      Press release issued November 24, 2003 by Time Warner.






                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                         TIME WARNER INC.


                                         By: /s/ Wayne H. Pace
                                             -------------------------------
                                             Name:  Wayne H. Pace
                                             Title: Executive Vice President and
                                                    Chief Financial Officer

Date:  November 24, 2003






                                  EXHIBIT INDEX


Exhibit           Description
-------           -----------

99.1              Press release issued November 24, 2003 by Time Warner.