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While Disney has never actually acquired Time Warner (now ), the two companies have a history of near-misses and strategic maneuvers that have shaped today's entertainment landscape. 1. The Historical "Almost" (2016)
: Had Disney succeeded in 2016, it would have gained ownership of the DC Universe , Harry Potter, CNN, and HBO. 2. Recent Status (2025–2026) disney buys time warner
: Following the missed opportunity with Time Warner, Iger pivoted to acquire 21st Century Fox instead, which Disney finalized in 2019. While Disney has never actually acquired Time Warner