Turner Entertainment

Turner Entertainment Company[1] is an American multimedia company founded by Ted Turner in 1986. Purchased by Time Warner in 1996 as part of its acquisition of Turner Broadcasting System (TBS), the company was largely responsible for overseeing the TBS library for worldwide distribution. In recent years, this role has largely been limited to being the copyright holder, as it has become an in-name-only subsidiary[1] of Warner Bros., which currently administers their library.[2]

Turner Entertainment Company
Subsidiary
FoundedAugust 4, 1986 (1986-08-04)
FounderTed Turner
Headquarters
United States of America 
ParentTurner Broadcasting System (1986–1996)
Warner Bros. (1996–present)
Websitewww.turner.com 

Background

On March 25, 1986, Ted Turner and his Turner Broadcasting System purchased Metro-Goldwyn-Mayer 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.[3] However, Turner kept MGM's film, television and cartoon library as well as a small portion of the United Artists library, forming Turner Entertainment Company in order to manage the library.[4][5] The library also included the pre-1950 Warner Bros. library (as well as most of the pre-August 1948 Looney Tunes and Merrie Melodies cartoons), the Fleischer Studios/Famous Studios Popeye cartoons originally released by Paramount Pictures, the US/Canadian/Latin American/Australian distribution rights to the RKO Radio Pictures library, and most of the Gilligan's Island television franchise (not counting TV movie sequels now owned by other companies), all of which were owned by United Artists.[6] In December 1987, Turner acquired the worldwide rights through license, to 800 RKO films from its then-parent company Wesray Capital Corporation.[7]

On October 3, 1988, Turner Broadcasting launched the TNT network, and later Turner Classic Movies in 1994 to use their former MGM/UA library. In doing so, Turner has played a major part in film preservation and restoration. By broadcasting such classic films as The Wizard of Oz, Casablanca, Singin' in the Rain, Gone with the Wind, Citizen Kane, King Kong, Easter Parade and the original The Jazz Singer, on numerous Turner affiliated cable channels, as well as in showing them in revival movie houses and home video around the world, Turner introduces a new generation to these films and makes sure these films are not forgotten.

On November 29, 1989, Turner made another attempt to buy MGM/UA, but the deal failed, and they formed Turner Pictures and Turner Pictures Worldwide instead.[8]

In 1991, Turner purchased Hanna-Barbera Productions and most of the pre-1991 Ruby-Spears Productions library from Great American Broadcasting.[9] Shortly after the acquisition, Turner Broadcasting launched Cartoon Network, and later Boomerang, to use its vast animation library.

In 1993, Turner purchased Castle Rock Entertainment and New Line Cinema.[10][11][12]

Turner Entertainment self-distributed much of its library for the first decade of its existence, but on October 10, 1996, Turner Broadcasting was purchased by Time Warner and its distribution functions were largely absorbed into Warner Bros. and as a result, Turner is now an in-name-only subsidiary of Warner, serving merely as a copyright holder for a portion of their library. Hanna-Barbera's current purpose as the in-name only unit of Warner Bros. Animation is to serve as the copyright holder for its creations such as The Flintstones, Scooby-Doo and Yogi Bear while Warner Bros. handle sales and merchandising.

Production company

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 Pagemaster and Cats Don't Dance under the Turner Pictures banner. Turner also had an international distribution sales unit, accordingly named Turner Pictures Worldwide Distribution, Inc. Turner Pictures was folded into Warner Bros. after the Turner-Time Warner merger, and currently holds the distribution rights to the films made by the production division.

Turner Feature Animation
Turner Feature Animation
Animation Studio
IndustryAnimated Films
FateFolded Into Warner Bros. Feature Animation
FoundedEarly 1991 (1991)
FoundersDavid Kirschner
Paul Gertz
Defunct1997
Headquarters
Atlanta, Georgia
,
U.S.
ParentTurner Broadcasting System
Websitewww.turner.com 

Turner Feature Animation was Turner's Animation unit headed by David Kirschner and Paul Gertz.[13] The Pagemaster and Cats Don't Dance were produced under Turner's animation unit. Spun off from the feature film division of Hanna-Barbera Productions, Turner Feature Animation was folded into Warner Bros. Feature Animation, which was then merged into Warner Bros. Animation.

Home video

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 Video along with THE until their rights expired in 1999, while THE handled the home video distribution of titles from the RKO library. THE released films produced by Turner Pictures on home video with their distributors and independently released the Hanna-Barbera cartoon library on home video.

THE also released World Championship Wrestling pay-per-view events, wrestler profiles, and "Best Of" packages on video until the demise of WCW in 2001; the WCW video library, along with the rights to the WCW name and certain talent contracts, were sold to the World Wrestling Federation (WWF, now known as WWE) in March 2001.[14][15][16]

From early 1995 to early 1997, THE also distributed home video releases from New Line Home Video, taking over from Columbia TriStar Home Video as well as distributing PBS programs on home video the year before (taking over from the defunct Pacific Arts). NLHE distributed New Line films on video by itself from 1997 until the Warner Bros. New Line Cinema merger in 2008.[17][18][19] PBS shows are now distributed on video and DVD by PBS's own distribution company, PBS Distribution.

In 1995, THE entered a distribution deal with Columbia TriStar Home Video in France, Britain, Germany, Austria and Switzerland,[20] the deal expired in 1997 (although some films released on VHS by THE are distributed in the UK by First Independent Films).

Upon the Turner-Time Warner merger, THE was absorbed into Warner Home Video as an in-name-only unit in December 1996.[21] However, Turner Classic Movies does release special edition DVD boxsets of films from both the Turner and Warner catalogs under the TCM label. (Some magazines, most notably Starlog, when listing upcoming releases from Warner related to Cartoon Network programming listed it as being released by THE, likely to differentiate it from other, adult-oriented titles.)[22]

Library

Turner Entertainment's current library includes:

Notes
  1. The latest released Warner Bros. cartoon sold to a.a.p. was Haredevil Hare, which was released on July 24, 1948.
gollark: A̪̥̓l̢̛̹ĺ̨̈́ ̗ͨ̑ĝ̲ͯļ͐͠o͊̽̚ṛ͖ͫy͎͌̇ ́̀͐҉̖̎t̤̙͖o̴͙̚҉̷ ̟͔ͤt̰͜͝h̡̿͗e̥ͯ͞ ̥́͐Ụ̓̂n̨̏͆ȉ͓ͩç͓̹o̩ͯͥd̖͓ͤḙ̥̕ ̲̀̒C҉̮ͮ͠҉o̧ͧ͑n̯̬͝ş̵̀o͍ͦ͑r̙͕̫t͚̰̎ï̿̃u҉̼̌̚m͕̋̈́.̟̳̟
gollark: i̪̝ͧn͚̓̒ìͫͦt̲͖̲i͔ͭͥȧ̫̐t̜̝͗i̔̓̀nͬ̉ͅg̵̳ͤ ̞͓̒p͍̚͞r͏ͣ̂ò̜̜ť̷͙ơ̳͊c̱̲ͧ҉̯̂͜ọ̏ͅl̳͔ͧ ͖͉̀o͇͆ͪm̧̹͞e̯ͤ̐g̟̪̒a҉̺͆͢
gollark: ¡fæðe!
gollark: wħæŧ‽
gollark: ⸘

References
  1. "EX-21 (Subsidiaries of Time Warner Inc.)". www.sec.gov. Securities and Exchange Commission. Retrieved December 2, 2019.
  2. "Warner Archive Podcast (4/8/14)". Warner Bros. Entertainment Inc. April 8, 2014. Retrieved March 3, 2019.
  3. "Turner, United Artists Close Deal". Orlando Sentinel. United Press International. August 27, 1986.
  4. "Turner May Sell Equity In Company". Chicago Tribune. May 7, 1986.
  5. Gendel, Morgan (June 7, 1986). "Turner Sells The Studio, Holds On To The Dream". Los Angeles Times.
  6. "Turner Plans New Channels." Associated Press (June 5, 1993).
  7. "Turner Buys Rights to 800 RKO Movies". Los Angeles Times. Reuters. December 10, 1987.
  8. Fabrikant, Geraldine (November 29, 1989). "Turner Buying MGM/UA". The New York Times. The New York Times Company.
  9. "Turner Buying Hanna-Barbera". The New York Times. The New York Times Company. October 30, 1991.
  10. "Done deal: Turner Broadcasting System Inc. said it closed..." Chicago Tribune. December 25, 1993.
  11. Citron, Alan (August 18, 1993). "Turner gets nod to buy New Line and Castle Rock: Entertainment: The deals, worth a combined $750 million, establish the cable mogul as a major Hollywood force". Los Angeles Times.
  12. Fabrikant, Geraldine (August 18, 1993). "Turner Buying New Line and Castle Rock Film Companies". The New York Times. The New York Times Company.
  13. "'Cats' Tries to Mix Parody and Nostalgia". Los Angeles Times. March 26, 1997.
  14. "Turner Sells Wrestling Rival to WWF". ABC News. ABC. March 23, 2001. pp. 1–2.
  15. Rutenberg, Jim (March 19, 2001). "Turner Drops Wrestling in First Decision by Its New Chief". The New York Times. The New York Times Company.
  16. "WWF buys rival WCW". CNN Business. CNN. March 23, 2001.
  17. Eller, Claudia (February 29, 2008). "New Line, old story: A small studio falls". Los Angeles Times.
  18. Barnes, Brooks (February 28, 2008). "Warner Studio Takes Control of New Line". The New York Times. The New York Times Company.
  19. Li, Kenneth (February 28, 2008). "Time Warner puts New Line Cinema under Warner Bros". Reuters.
  20. "Company Town : TBS Agrees to Movie, Video Distribution Pact With Sony". Los Angeles Times. August 9, 1994.
  21. Landler, Mark (September 23, 1995). "Turner to Merge Into Time Warner; A $7.5 Billion Deal". The New York Times. The New York Times Company.
  22. "Full text of "Starlog Magazine Issue 130"".{
  23. Delugach, Al (March 16, 1987). "Investors Will Pay $48 Million for RKO: Confidential Memo Details Management Group's Purchase Deal". Los Angeles Times.
  24. "Turner Buys Rights to 800 RKO Movies". Los Angeles Times. December 10, 1987.
  25. You Must Remember This: The Warner Bros. Story (2008)
  26. 1957 MOVIES FROM AAP Warner Bros Features & Cartoons SALES BOOK DIRECTED AT TV
  27. Mendoza, N. F. (July 3, 2014). "Timeless 'Tunes'". Los Angeles Times. Retrieved January 10, 2019.
  28. LoBrutto, Vincent (2018). TV in the USA: A History of Icons, Idols, and Ideas. 3. p. 17. ISBN 978-1-4408-4847-6.
  29. Tom Kenny, Jerry Beck, Frank Caruso, Glenn Mitchell, et al. (2007). Popeye the Sailor: 1933–1938, Volume 1. Special Features: I Yam What I Yam: The Story of Popeye the Sailor (DVD). Warner Home Video.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.