Time Warner has acquired Liberty Media Corporation's half of Court TV.

"Time Warner now owns Court TV in its entirety," the press release says. "Court TV will operate as part of Turner Broadcasting System Inc., within its entertainment division, under the direction of entertainment group president, Mark Lazarus." More...

> B&C reports: "As reported earlier, Court TV chief Henry Schieff will be exiting. For the next six months he will serve as 'non-executive chairman,' focusing on Court TV's transition to Turner and public service initiatives."