Warner Bros.-Seven Arts

Warner Bros.-Seven Arts, Inc.
Industry Film
Television
Music
Genre Entertainment
Fate acquired by Kinney National Company
Successor Warner Bros.
Founded July 15, 1967 (1967-07-15)
Defunct 1970
Headquarters Burbank, California
Key people
Jack L. Warner
Kenneth Hyman
Parent Independent (1967–1969)
Kinney National Company (1969–1970)

Warner Bros.-Seven Arts, Inc. was an American entertainment company active from 1967 until 1970.

History

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

The acquisition included the black and white Looney Tunes (plus the non-Harman and Ising Merrie Melodies) library, Warner Bros. Records (which was renamed Warner Bros.-Seven Arts Records), and 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. After Wait Until Dark their first film was Camelot.

Acquisition by Kinney

Warner Bros.-Seven Arts was acquired in 1969 by Kinney National Company, who deleted "Seven Arts" from the company name, and reestablishing it as Warner Bros. Pictures. 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

See also

References

  1. Warner Sperling, Cass (Director) (2008). The Brothers Warner (DVD film documentary). Warner Sisters, Inc. Archived from the original on 17 February 2016.
  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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