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Subsequently, it was rebranded "WarnerMedia".
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In 2018, after numerous legal hurdles, AT&T acquired Time Warner. AOL officially split from Time Warner in 2009. Internet giant AOL merged with Time Warner in January 2001, renaming the company as "AOL Time Warner", but in summer 2003, the conglomerate name was reverted back to Time Warner (often with no space in between the words) due to lawsuits and losing $99 billion from the collapse of the dot-com bubble. In 1992, Time Warner formed "Time Warner Entertainment" by merging all of its entertainment operations for the first time. Since 1989, it is a subsidiary of Time Warner (WarnerMedia since 2018), formed as a merger between the conglomerates Time, Inc. in 1969, which was later reincorporated as Warner Communications in 1972 when it spun-off its non-entertainment assets, due to a financial scandal over its parking operations. The studio was purchased by Kinney National Co. merged with Seven Arts Productions in 1967, renaming it to "Warner Bros.-Seven Arts". It is one of the "Big Five" studios alongside Paramount Pictures, RKO Radio Pictures, 20th Century Fox, and Metro-Goldwyn-Mayer Pictures.Īfter remaining independent for its first 45 years in operation, the studio was subject to numerous acquisitions over the decades.
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The studio was incorporated as "Warner Bros' Pictures Incorporated" on April 4, 1923, making it the third-oldest American movie studio in continuous operation, after Paramount Pictures, founded on as Famous Players Film Corporation, and Universal Pictures, founded on June 8, 1912. Sam and Jack would handle the production of the films, while Harry and Albert were in charge of distribution. Pictures' origins trace back to 1918 when brothers Harry, Albert, Sam, and Jack Warner established a studio on Sunset boulevard.