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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
SuccessorWarner Bros.
FoundedJuly 15, 1967; 52 years ago (1967-07-15)[1]
Defunctlate February or early March 1970
Headquarters
Key people
Jack L. Warner
Kenneth Hyman
ParentIndependent (1967–1969)
Kinney National Company (1969–1970)
SubsidiariesWarner Bros.-Seven Arts Records
Seven Arts Productions

Contents

HistoryEdit

Warner Bros.-Seven Arts started when Seven Arts Productions acquired Jack L. Warner's controlling interest in Warner Bros. for $32 million[2][3][4] and merged with it in 1967.

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 [5] 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 KinneyEdit

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[6] 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.

FilmographyEdit

See alsoEdit

ReferencesEdit

  1. ^ https://www.justice.gov/sites/default/files/pages/attachments/2014/08/29/cn-0439.pdf
  2. ^ Warner Sperling, Cass (Director) (2008). The Brothers Warner (DVD film documentary). Warner Sisters, Inc. Archived from the original on 17 February 2016.
  3. ^ "Company History". warnerbros.com. Retrieved 30 August 2015.
  4. ^ "Warner Brothers Records Story". bsnpubs.com. 23 April 2004. Retrieved 30 August 2015.
  5. ^ "Mo Ostin Biography". rockhall.com. Retrieved 30 August 2015.
  6. ^ "List of corporate scandals". Financial Analyses. 4 October 2011. Retrieved 30 August 2015.