Who Owns Adult Swim?
Adult Swim is owned by Warner Bros. Discovery, a publicly traded American mass media and entertainment conglomerate. Adult Swim operates as the company's adult animation entertainment division. Warner Bros. Discovery trades on NASDAQ under WBD and is headquartered in New York City, USA.
Parent Company
Warner Bros. Discovery
Founded
2001
Status
Publicly Traded
Headquarters
Atlanta, Georgia, USA
Who Owns Adult Swim?
- Parent Company: Warner Bros. Discovery
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: WBD
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Adult Swim | Warner Bros. Discovery | Wholly owned |
History of Adult Swim
- Founded: 2001
- Founders: Cartoon Network (internal development)
Adult Swim was launched on September 2, 2001, as a programming block on Cartoon Network dedicated to adult-oriented animated and live-action comedy programming. The concept was developed by Mike Lazzo, then-executive vice president of Cartoon Network, who recognized an opportunity to utilize the network's nighttime hours to target an older demographic. The programming block was created to provide late-night entertainment for adult audiences on what was predominantly a children's network, filling a significant gap in the television landscape for adult animation and unconventional comedy content.
The very first night of Adult Swim featured episodes of Home Movies, Space Ghost Coast to Coast, The Brak Show, and Sealab 2021, establishing the block's identity as a home for experimental, offbeat animation. The programming block initially aired from 11:00 PM to 2:00 AM on weekends, sharing channel space with Cartoon Network. This innovative time-sharing approach allowed the company to effectively operate two distinct networks on a single channel, maximizing the value of their cable distribution.
In its early years from 2001 to 2005, Adult Swim rapidly developed original animated series that would become cult classics and define its brand identity. Shows like Aqua Teen Hunger Force (2001), The Venture Bros. (2003), and Robot Chicken (2005) attracted dedicated audiences with their irreverent humor, unconventional storytelling, and distinctive animation styles. The network's willingness to take risks on unconventional programming concepts set it apart from traditional television networks. Adult Swim's bumpers, the short black-and-white text segments between shows, became an iconic part of its identity, often featuring sardonic humor and direct communication with viewers that cultivated a unique relationship with its audience.
By 2005, Adult Swim had established itself as a powerful force in late-night television, particularly among viewers 18-34. Nielsen ratings confirmed that Adult Swim was outperforming late-night talk shows among this coveted demographic, leading to increased investment from advertisers and parent company Turner Broadcasting. In response to this success, Adult Swim expanded its programming hours and began broadcasting seven nights a week in July 2007. This expansion allowed for more original programming and acquisitions, including anime titles that became a significant part of its programming strategy.
The network gradually expanded into live-action comedy programming with shows like Tim and Eric Awesome Show, Great Job! (2007) and The Eric Andre Show (2012). These programs extended Adult Swim's experimental approach to the live-action format, maintaining the surreal and subversive tone established by its animated offerings. This diversification broadened the network's appeal while reinforcing its reputation for innovative and boundary-pushing content.
In terms of corporate ownership, Adult Swim's journey began under Turner Broadcasting, which had acquired Cartoon Network in 1996. When Turner Broadcasting merged with Time Warner, Cartoon Network and Adult Swim became part of the larger media conglomerate. Following the 2022 merger of WarnerMedia and Discovery, Inc., Adult Swim became a division of Warner Bros. Discovery, operating within the company's extensive portfolio of entertainment brands.
Since 2016, Adult Swim has made significant moves into multimedia expansion, launching the Adult Swim Festival as an annual event combining music, comedy, and fan experiences. The network has also pioneered in digital distribution, releasing content through its website, mobile apps, and social media platforms before such strategies were common industry practice. In 2018, Adult Swim launched a dedicated streaming channel on HBO Max (now Max), further expanding its digital presence.
In recent years (2023-2026), Adult Swim has continued to evolve its business model in response to changing media consumption patterns. While maintaining its cable television presence, the brand has increasingly focused on developing content for streaming platforms and social media. The success of shows like Rick and Morty, which became a global phenomenon with merchandising deals and extensive licensing arrangements, demonstrated Adult Swim's ability to create intellectual property with significant commercial value beyond traditional television advertising.
As of early 2026, Adult Swim continues to operate as a distinctive brand within Warner Bros. Discovery's entertainment portfolio, adapting to the company's planned separation of assets announced in September 2025, with completion expected by April 2026. Throughout its history, Adult Swim has maintained its reputation for creative experimentation while evolving from a niche late-night programming block into a multi-platform entertainment brand with global reach.
About Warner Bros. Discovery
Warner Bros. Discovery (NASDAQ: WBD) is a publicly traded American media and entertainment conglomerate formed in April 2022 through the merger of WarnerMedia and Discovery, Inc. In June 2025, the company announced a plan to split into two separate publicly traded companies: Warner Bros. (streaming, studios, HBO/Max) and Discovery Global (linear TV networks). The split is expected to complete in mid-2026 and is structured to be tax-free.
- Founded: 2022
- Headquarters: New York City, New York, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: WBD
Where Is Adult Swim Made / Based?
- Headquarters: Atlanta, Georgia, USA
- Manufacturing / Operations: United States, Global (cable and streaming distribution)
Brands Owned by Warner Bros. Discovery
- Animal Planet - American cable television network focused on wildlife, animal behavior, nature d...
- Boomerang - American cable television network and streaming service focused on classic and c...
- Cartoon Network - American children's television network known for animated series and original pr...
- CNN - American multinational news-based television channel and flagship property of Wa...
- DC Comics - American comic book publisher and entertainment company known for superhero char...
- Discovery Channel - American cable television network known for documentary, reality, and educationa...
- Eurosport - European sports television network and streaming service providing coverage of m...
- Food Network - American cable television network focused on cooking shows, culinary competition...
- HBO Max - American subscription video on-demand streaming service offering content from HB...
- HBO - American premium cable and satellite television network known for original progr...
- HGTV - American cable television network focused on home improvement, interior design, ...
- Magnolia Network - American cable television network and streaming service focused on home design, ...
- Max - American subscription video on-demand streaming service offering content from HB...
- TCM - American cable television network dedicated to classic films, cinema history, an...
- TLC - American cable television network focused on lifestyle, reality, and entertainme...
- Travel Channel - American cable television network focused on travel, tourism, adventure, and des...
- Warner Bros. - American film and television production and distribution company known for movie...
Adult Swim Ownership: Pros & Cons
Advantages
- +Established brand identity allows programming to attract specific target demographics
- +Access to Warner Bros. Discovery's extensive global distribution infrastructure
- +Cross-promotional opportunities with complementary Warner Bros. Discovery properties
- +Economies of scale in production and marketing through parent company resources
- +Intellectual property development capabilities spanning television, digital, and merchandising
- +Lower production costs compared to live-action programming with similar audience reach
- +Creative freedom that has historically attracted innovative content creators
Considerations
- -Uncertain positioning within Warner Bros. Discovery's planned corporate separation
- -Increasing competition from streaming platforms investing heavily in adult animation
- -Traditional cable television distribution model faces continuing audience erosion
- -Limited growth potential within traditional linear television audience demographics
- -Content standards challenges balancing edgy programming against corporate risk tolerance
- -Shifting advertising market affecting revenue projections for cable programming
- -Production delays and increasing costs affecting animation development timelines
Frequently Asked Questions About Adult Swim
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