Cartoon Network (abbreviated as CN, as of 2004) is an American cable television network owned by Time Warner through the Turner Broadcasting System subsidiary which primarily airs animated programming. The channel was launched on October 1, 1992 after Turner purchased the animation studio Hanna-Barbera Productions in 1991. It was served as a 24-hour outlet for classic animation properties from the Turner Broadcasting libraries and was all-ages-oriented, but now the channel serves as a platform for the up & rising animation medium with various programs catering to both adult and child audiences respectively.