Warner Bros.-Seven Arts

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Warner Bros.-Seven Arts
Warner Bros.-Seven Arts, Inc.
Industry Film
Television
Music
Genre Entertainment
Founded 1967
Defunct 1970
Headquarters Burbank, California
Key people Jack Warner
Kenneth Hyman

Warner Bros.-Seven Arts, Inc. 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 B&W non-Harman and Ising Merrie Melodies). Later that same year, Warner Bros.-Seven Arts purchased Atlantic Records which was subsequently combined in 1970 with two other acquisitions, Elektra Records and its sister label Nonesuch Records, under a new holding company, Warner-Elektra-Atlantic, or WEA for short, also known as Warner Music Group.

It was renamed to Warner Bros. once again in 1970 when Kinney National Company brought the conglomerate a year earlier.

History

Head of production was Kenneth Hyman, son of Seven Arts co-founder Eliot Hyman.

Sale to Kinney

Warner Brothers.- Seven Arts logo in Technicolor (as seen on cartoons of the time)

Warner Bros.-Seven Arts was acquired in 1969 by Kinney National Company, who proceeded to delete "Seven Arts" from the company name, reestablishing it as Warner Bros. Due to a financial scandal over its parking operations, Kinney National spun off its non-entertainment assets in 1972 (as National Kinney Corporation) and changed its name to Warner Communications Inc., which has since merged with Time, Inc. to form Time Warner.

Filmography

See also

References

  1. Warner Sperling, Cass (Director) (2008). The Brothers Warner (DVD film documentary). Warner Sisters, Inc. 


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