Time Warner just released its 2012 Annual Report, showcasing some of the incredible storytelling and journalism of the past year from Warner Bros., HBO, Turner Broadcasting and Time Inc. And in his letter to stockholders, Chairman and CEO Jeff Bewkes talks about the company and its mission. An excerpt:

Time Warner is a much stronger and, in many ways, a very different company today from what it was even a few years ago. But as we evolve, we continue to be guided by a set of common ideals that underlie our company’s success. First and foremost, we value the creativity of our artists and independence of our journalists. We also take pride in, and draw confidence from, the legacy of innovation and industry leadership that infuses each of our businesses. We believe in diversity as both a social good and a business imperative in an increasingly multicultural and global marketplace. And we recognize the impact Time Warner has on the world as a corporate citizen, knowing that by continuing to conduct our businesses in a responsible and ethical manner, we strengthen our reputation and help foster a better connected and well-informed world.

Taken together, our brands, our scale, our people and our culture reinforce Time Warner’s stature as the preferred home for talent and creativity – giving us great confidence in our future.


See the full letter and annual report here.