Warner Communications
Warner Communications, formerly Kinney National Company, was the parent company for Warner Bros. Pictures & Warner Music Group during the 1970s & 1980s. Besides owning Warner Bros. & its music divsion, it also owned DC Comics & MAD Magazine. From 1976-1984, Warner also owned Atari, during which it made (and later loss) a lot of money with it. In the 1970s, Warner formed a joint venture with American Express named Warner-Amex Satellite Entertainment, which holds cable channels like MTV, Nickelodeon, & Showtime (Warner bought out American Express's half in 1984, and a year later, sold the venture to Viacom, who renamed it MTV Networks). In 1987, it was announced that Warner Communcations & Time Inc. were to merge, through it took 2 years for the merger to take place. The last thing Warner did before the merger closed in 1989 was to buy out Lorimar-Telepictures. In early 1990, the combined companies were named Time Warner.
Related Topics:
Kinney National Company - Warner Bros. Pictures - Warner Music Group - 1970s - 1980s - DC Comics - MAD Magazine - Atari - American Express - Warner-Amex Satellite Entertainment - MTV - Nickelodeon - Showtime - Viacom - MTV Networks - 1987 - Time Inc. - 1989 - Lorimar - Telepictures - 1990 - Time Warner
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