Time Warner Inc. is a media and entertainment company. The company is separated into three reporting segments: Networks, which mainly consists of cable television networks that provide programming; Publishing, which mostly consists of magazine publishing; and Filmed Entertainment, which mainly produces and distributes feature films, television series, and home videos. Both domestic and international networks as well as premium pay television content offerings make up the bulk of the company's network operations. Cinemax and HBO (Home Box Office) are two multi-channel pay television programming providers that offer high-end pay television entertainment. The corporation divided into Time Warner Cable Inc. (TWC) and AOL Inc. (AOL) on March 12, 2009, and December 9, 2009.