Warner Bros. Pictures: Difference between revisions
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===Background=== | ===Background=== | ||
'''Warner Bros. Pictures'''<nowiki/>' origins trace back to 1918, when brothers Harry, Albert, Sam, and Jack '''Warner''' established | '''Warner Bros. Pictures'''<nowiki/>' origins trace back to 1918, when brothers Harry, Albert, Sam, and Jack '''Warner''' established a production studio on Sunset Boulevard. Sam and Jack would handle production of films, while Harry and Albert were in charge of distribution. The studio was reincorporated as '''Warner Bros. Pictures, Inc.''' on April 4, 1923, making it the third oldest American film studio in continuous operation. Today Warner Bros. is one of the "Big Five" Hollywood studios, alongside [[Paramount Pictures]], [[Sony Pictures Entertainment|Sony Pictures]], [[Universal Pictures]], and [[Walt Disney Studios|The Walt Disney Studios]]. | ||
After remaining independent for its first 45 years of operation, Warner Bros. was subject to numerous acquisitions over the decades. First, on July 14, 1967, the studio merged with [[Seven Arts Productions]] to become '''Warner Bros.-Seven Arts'''. On July 4, 1969, the studio was purchased by Kinney National Co., and was renamed '''Warner Bros. Inc.''' on December 16 of that year. On February 10, 1972, Kinney was reincorporated as Warner Communications when it spun off its non-entertainment assets due to a financial scandal over its parking operations. On January 10, 1990, Warner Bros. became a subsidiary of Time Warner, a merger between Warner Communications and [[Time Inc.|Time, Inc.]] In 1992, Time Warner formed Time Warner Entertainment by merging all of its entertainment operations for the first time. On January 11, 2001, internet giant AOL merged with Time Warner to become AOL Time Warner, but its name was reverted back to Time Warner two years later due to lawsuits and losing $99 billion from the burst of the dot-com bubble. AOL officially split from Time Warner on December 10, 2009. | After remaining independent for its first 45 years of operation, Warner Bros. was subject to numerous acquisitions over the decades. First, on July 14, 1967, the studio merged with [[Seven Arts Productions]] to become '''Warner Bros.-Seven Arts'''. On July 4, 1969, the studio was purchased by Kinney National Co., and was renamed '''Warner Bros. Inc.''' on December 16 of that year. On February 10, 1972, Kinney was reincorporated as Warner Communications when it spun off its non-entertainment assets due to a financial scandal over its parking operations. On January 10, 1990, Warner Bros. became a subsidiary of Time Warner, a merger between Warner Communications and [[Time Inc.|Time, Inc.]] In 1992, Time Warner formed Time Warner Entertainment by merging all of its entertainment operations for the first time. On January 11, 2001, internet giant AOL merged with Time Warner to become AOL Time Warner, but its name was reverted back to Time Warner two years later due to lawsuits and losing $99 billion from the burst of the dot-com bubble. AOL officially split from Time Warner on December 10, 2009. | ||