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
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Martin John K
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2008
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)
EVP & CFO
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10019-8016
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)
Common Stock, par value $.01 2,186
I
By Savings Plan (1)
Common Stock, par value $.01 342.1495
I
By TWC Savings Plan (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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)   (3) 02/13/2013 Common Stock, par value $.01 30,000 $ 10.32 D  
Employee Stock Option (right to buy)   (4) 06/20/2016 Common Stock, par value $.01 30,000 $ 17.23 D  
Employee Stock Option (right to buy)   (5) 02/12/2014 Common Stock, par value $.01 65,000 $ 17.28 D  
Employee Stock Option (right to buy)   (6) 03/02/2016 Common Stock, par value $.01 71,400 $ 17.4 D  
Employee Stock Option (right to buy)   (7) 02/17/2015 Common Stock, par value $.01 49,000 $ 17.97 D  
Employee Stock Option (right to buy)   (3) 02/04/2012 Common Stock, par value $.01 70,000 $ 24.38 D  
Restricted Stock Units   (8)   (8) Common Stock, par value $.01 26,093 $ (9) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Martin John K
ONE TIME WARNER CENTER
NEW YORK, NY 10019-8016
      EVP & CFO  

Signatures

By: Brenda C. Karickhoff For: John K. Martin Jr. 01/04/2008
**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) The Time Warner Savings Plan, a qualified employee benefit plan.
(2) The TWC Savings Plan, a qualified employee benefit plan.
(3) This option is currently exercisable.
(4) This option becomes exercisable in increments of 25% on the first four anniversaries of the date of grant, June 21, 2006.
(5) This option becomes exercisable in increments of 25% on the first four anniversaries of the date of grant, February 13, 2004.
(6) This option becomes exercisable in increments of 25% on the first four anniversaries of the date of grant, March 3, 2006.
(7) This option becomes exercisable in increments of 25% on the first four anniversaries of the date of grant, February 18, 2005.
(8) These restricted stock units vest in two equal installments on the third and fourth anniversaries of the date of grant, February 18, 2005 (12,833 restricted stock units granted) and March 3, 2006 (13,260 restricted stock units granted). Shares of Common Stock will be issued to the reporting person upon vesting of the restricted stock units.
(9) Each restricted stock unit represents a contingent right to receive one share of Common Stock.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.