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On March 25, 1986, Ted Turner and his Turner Broadcasting System purchased Metro-Goldwyn-Mayer (MGM) from Kirk Kerkorian for $1.5 billion, and renamed it MGM Entertainment Company, Inc.
Turner Broadcasting System, Inc.[2] was an American television and media conglomerate founded by Ted Turner in 1965. Based in Atlanta, Georgia, it merged with Time Warner (later WarnerMedia) on October 10, 1996. As of April 2022, all of its assets are now owned by Warner Bros. Discovery (WBD).
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On March 25, 1986, Ted Turner and his Turner Broadcasting System purchased MGM from Kirk Kerkorian for $600 million, and renamed it MGM Entertainment Company, Inc. However, due to concerns in the financial community over the debt-load of his companies, on August 26, 1986, he was forced to sell MGM back to Kerkorian for approximately $300 million. H...
Turner Entertainment, as a production company, also creates original in-house programming, such as documentaries about the films it owns, new animated material based on Tom & Jerry and other related cartoon properties, and once produced made-for-TV movies, miniseries, and theatrical films such as Gettysburg, Tom and Jerry: The Movie, Fallen, The Pa...
In the first decade of its existence, Turner released most of its own catalogue on home video through Turner Home Entertainment (THE). However, the MGM and Warner film libraries which Turner owned were still distributed by MGM/UA Home Videoalong with THE until their rights expired in 1999, while THE handled the home video distribution of titles fro...
Turner Entertainment's current library includes: 1. Nearly all of Metro-Goldwyn-Mayer's film, television and cartoon library released prior to May 23, 1986 1.1. Material from MGM's predecessors (Metro Pictures, Goldwyn Pictures, and Mayer Pictures) post-1917 that did not enter the public domain 2. Some material from United Artists 2.1. The US and C...
Template:Imdb companyTurner owns and operates some of the leading cable television networks and related properties in the world, including CNN, HLN, TNT, TBS, Cartoon Network, Turner Classic Movies, Adult Swim, truTV and Turner Sports, reaching an impressively broad domestic and international audience.
TNT (originally an abbreviation for Turner Network Television) is an American basic cable television channel owned by the Warner Bros. Discovery Networks unit of Warner Bros. Discovery that launched on October 3, 1988. [4]
The initial film company was incorporated in 1923 in Los Angeles as Warner Brothers Pictures, Inc., by Polish immigrant brothers Harry, Albert, Sam, and Jack Warner, who had started out with a nickelodeon in Newcastle, Pennsylvania, in 1903. In 1927 Warner Brothers introduced music and dialog with the first “talkie” motion picture, The Jazz Singer.
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Today, Turner Entertainment is owned by Warner Bros. Discovery's Warner Bros. unit which handles their library including the distribution rights to most pre-1948 Looney Tunes and Merrie Melodies cartoons.
