Warner Bros.-Seven Arts

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Warner Bros.-Seven Arts, Inc.
Industry Film
Television
Music
Genre Entertainment
Fate acquired by Kinney National Company
Founded 1967; 49 years ago (1967)
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 1969.

History[edit]

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 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.

Acquisition by Kinney[edit]

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[edit]

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

See also[edit]

References[edit]

  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.