Sale To Kinney
Warner Bros.-Seven Arts was acquired in 1969 by Kinney National Company, who proceeded to delete "Seven Arts" from the company name, reestablishing it as Warner Bros. Due to a financial scandal over its parking operations, Kinney National spun off its non-entertainment assets in 1971 (as National Kinney Corporation) and changed its name to Warner Communications Inc., which has since merged with Time, Inc. to form Time Warner.
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Famous quotes containing the word sale:
“I keep thinking that what I need
to do is buy my leg back.
Surely it is for sale somewhere,
poor broken tool, poor ornament.
It might be in a store somewhere beside a lady’s scarf.”
—Anne Sexton (1928–1974)