Warner Bros.-Seven Arts

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

Warner Bros.-Seven Arts, Inc.
IndustryFilm
Television
Music
GenreEntertainment
FateAcquired by Kinney National Company and re-established as Warner Bros.
PredecessorWarner Bros. Pictures, Inc.
Seven Arts Productions
SuccessorWarner Bros. Inc.
FoundedJuly 15, 1967 (1967-07-15)[1]
DefunctFebruary 23, 1970 (1970-02-23)[2]
Headquarters
4000 Warner Boulevard, Burbank, California
,
United States
Area served
Worldwide
Key people
Jack L. Warner
Kenneth Hyman
ParentIndependent (1967–1969)
Kinney National Company (1969–1970)
SubsidiariesWarner Bros.-Seven Arts Records
Seven Arts Productions

History

Seven Arts Productions acquired Jack L. Warner's controlling interest in Warner Bros. Pictures for $32 million[3][4][5] in November 1966. The merger between two companies was completed by July 1967, and the combined company was named Warner Bros.-Seven Arts.

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 1971 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[6] 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. In April 1970, Kinney deleted "Seven Arts" from the company name, and reestablishing it as Warner Bros. Due to a financial scandal[7] 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.

Warner Bros.-Seven Arts subsequently went defunct. It released its final production, Frankenstein Must Be Destroyed, in February 1970. The studio's next film, Woodstock, which was released in March, was credited as a Warner Bros. production, and this credit would be applied to all other productions from the studio afterward. However, The Phynx, which was released in May 1970, was the last film made by Warner Bros.-Seven Arts as creditor.

Filmography

See also

References
  1. "cn-0439.pdf" (PDF). www.justice.gov. 29 August 2014. Retrieved 13 November 2018.
  2. Office, Library of Congress Copyright (1972). "Catalog of Copyright Entries. Third Series: 1970: January-June". Copyright Office, Library of Congress. Retrieved 12 September 2019.
  3. Warner Sperling, Cass (Director) (2008). The Brothers Warner (DVD film documentary). Warner Sisters, Inc. Archived from the original on 17 February 2016.
  4. "Company History". warnerbros.com. Retrieved 30 August 2015.
  5. "Warner Brothers Records Story". bsnpubs.com. 23 April 2004. Retrieved 30 August 2015.
  6. "Mo Ostin Biography". rockhall.com. Retrieved 30 August 2015.
  7. "List of corporate scandals". Financial Analyses. 4 October 2011. Retrieved 30 August 2015.
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