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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 Entertainment Company (commonly referred to as Turner Entertainment Co.) was established on August 2, 1986 by Ted Turner, initially as a media distribution subsidiary of Turner Broadcasting System, to oversee its film and television libraries for domestic and worldwide distribution, after its acquisition of MGM/UA Communications Co ...
Mar 12, 2019 · After AT&T acquired Time Warner last year (renaming the company WarnerMedia), Turner was set aside as a safety measure while the Department of Justice challenged the merger.
Turner owns and operates some of the most valuable brands in the world, including Adult Swim, Bleacher Report, Boomerang, Cartoon Network, CNN, ELEAGUE, Great Big Story, HLN, iStreamPlanet,...
On September 22, 1995, Time Warner Entertainment—a New York City-based media company formed in 1989 through the merger of Time Inc. and Warner Bros. corporate parent Warner Communications—reached an agreement to acquire the Turner Broadcasting System and its associated properties (including TNT, TBS, CNN, Headline News and Cartoon Network ...
