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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 L. Warner
Kenneth Hyman
Parent Kinney National Company (1969-1970)

Warner Bros.-Seven Arts, Inc. was formed in 1967, when Seven Arts Productions acquired Jack L. Warner's controlling interest in Warner Bros. for $32 million[1] [2][3] and merged with it.

Contents

  • History 1
  • Acquisition by Kinney 2
  • Filmography 3
  • See also 4
  • References 5

History

The acquisition included the black an white Looney Tunes (plus the non-Harman and Ising Merrie Melodies) library and Warner Bros. Records plus Reprise Records. Later that same year, Warner Bros.-Seven Arts purchased Atlantic Records. Those record labels were combined in 1970 with two other acquisitions (Elektra Records and its sister label Nonesuch Records) in a new holding company, Warner-Elektra-Atlantic, under the direction of Mo Ostin [4] and Joe Smith.

The head of production was Kenneth Hyman, son of Seven Arts co-founder Eliot Hyman. Their first film was Camelot and their last film was Wait Until Dark.

It was once again renamed Warner Bros. in 1969 after Kinney National Company bought the company.

Acquisition by Kinney

Warner Bros.-Seven Arts was acquired in 1969 by Kinney National Company, who deleted "Seven Arts" from the company name, reestablishing it as Warner Bros. Due to a financial scandal[5] 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..

Filmography

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

See also

References

  1. ^ Warner Sperling, Cass (Director) (2008). The Brothers Warner (DVD film documentary). Warner Sisters, Inc. 
  2. ^ "Company History". warnerbros.com. Retrieved 30 August 2015. 
  3. ^ "Warner Brothers Records Story". bsnpubs.com. 23 April 2004. Retrieved 30 August 2015. 
  4. ^ "Mo Ostin Biography". rockhall.com. Retrieved 30 August 2015. 
  5. ^ "List of corporate scandals". Financial Analyses. 4 October 2011. Retrieved 30 August 2015. 
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