Warner Bros.-Seven Arts was formed in 1967, when Seven Arts Productions acquired Jack Warner's controlling interest in Warner Bros. for $32 million [1] and merged with it. The deal also included Warner Bros. Records, Reprise Records and the B&W Looney Tunes library (plus the first Merrie Melodie, Lady, Play Your Mandolin! and Finian's Rainbow). Later that same year, Warner Bros.-Seven Arts purchased Atlantic Records.
Warner Bros.-Seven Arts was acquired in 1969 by Kinney National Company. Due to a financial scandal over its parking operations Kinney National spun off its non-entertainment assets in 1972, and changed its name to Warner Communications Inc., which has since merged with Time, Inc. to form Time Warner.
See also
References
- ^ Warner Sperling, Cass (Director). (2008). The Brothers Warner (DVD film documentary). Warner Sisters, Inc.. http://www.warnersisters.com/ourstore.html.
 |
This article about a United States record label is a stub. You can help Wikipedia by expanding it. |
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
