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Warner Communications was established in 1972 when Kinney National Company
Kinney National Company

Kinney National Services, Inc. was formed in 1966 when the Kinney Parking Company and the National Cleaning Company merged. The new company was headed by Steve Ross ....
 spun off its non-entertainment assets, due to a financial scandal over its parking operations and changed its name.

It was the parent company for Warner Bros. Pictures and Warner Music Group
Warner Music Group

Warner Music Group is the third-largest of the big four music industry, the others being Sony Music Entertainment, EMI, and Universal Music Group....
 during the 1970s
1970s

The 1970s, or the Seventies was the decade that ran from January 1, 1970 to December 31, 1979.In the western world, social progressive values that began in the 1960s, such as increasing political awareness and political and economic liberty of women, continued to grow....
 and 1980s
1980s

The 1980s or the Eighties or the 80s or the years between the 70s and the 90s, was the decade that ran from January 1, 1980 to December 31, 1989....
.






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Warner Communications was established in 1972 when Kinney National Company
Kinney National Company

Kinney National Services, Inc. was formed in 1966 when the Kinney Parking Company and the National Cleaning Company merged. The new company was headed by Steve Ross ....
 spun off its non-entertainment assets, due to a financial scandal over its parking operations and changed its name.

It was the parent company for Warner Bros. Pictures and Warner Music Group
Warner Music Group

Warner Music Group is the third-largest of the big four music industry, the others being Sony Music Entertainment, EMI, and Universal Music Group....
 during the 1970s
1970s

The 1970s, or the Seventies was the decade that ran from January 1, 1970 to December 31, 1979.In the western world, social progressive values that began in the 1960s, such as increasing political awareness and political and economic liberty of women, continued to grow....
 and 1980s
1980s

The 1980s or the Eighties or the 80s or the years between the 70s and the 90s, was the decade that ran from January 1, 1980 to December 31, 1989....
. It also owned DC Comics
DC Comics

DC Comics is one of the largest and most popular American comic book and related media companies, along with Marvel Comics. A subsidiary of Warner Bros....
 and Mad. Warner made (and later lost) considerable profits with Atari
Atari

Atari is a corporate and brand name owned by several entities since its inception in 1972. It is currently owned by Atari Interactive, a wholly owned subsidiary of the French publisher Infogrames ....
, which it owned from 1976 to 1984.

In the 1970s
1970s

The 1970s, or the Seventies was the decade that ran from January 1, 1970 to December 31, 1979.In the western world, social progressive values that began in the 1960s, such as increasing political awareness and political and economic liberty of women, continued to grow....
, Warner formed a joint venture with American Express
American Express

American Express Company , sometimes known as "AmEx" or "Amex", is a Diversification global financial services company that is headquartered in New York City, New York....
, named Warner-Amex Satellite Entertainment
Warner-Amex Satellite Entertainment

Warner-Amex Satellite Entertainment Company was a joint venture owned and operated by Warner Communications and American Express that developed and worked on interactive television systems in the late 1970s and initiated several successful cable networks that remain well-known....
, which held cable channels like MTV
MTV

MTV is an United States cable television network based in Media of New York City. Launched on August 1, 1981, the original purpose of the channel was to play music videos guided by on-air hosts known as VJ ....
, Nickelodeon
Nickelodeon (TV channel)

Nickelodeon is an United States cable television network owned by Viacom International, founded in 1977 as Pinwheel. The Pinwheel name was used until 1981....
 and Showtime. Warner bought out American Express's half in 1984, and sold the venture a year later to Viacom
Viacom

Viacom , short for "Video & Audio Communications", is an United States media conglomerate with various worldwide interests in cable television and satellite television networks , and movie production and distribution ....
, which renamed it MTV Networks
MTV Networks

MTV Networks Company, also known as MTV Networks, is a division of media conglomerate Viacom that oversees the operation of many TV network and Internet brands, including the first MTV channel....
.

In 1987, it was announced that Warner Communications and Time Inc.
Time Inc.

Time Inc. is a major subsidiary of the media conglomerate Time Warner, the company formed by the 1990 merger of Time Inc. and Warner Communications....
 were to merge, though it took two years for the merger to take place. The last thing Warner did before the merger closed in 1989 was to buy out Lorimar-Telepictures
Telepictures

Telepictures is an United States television syndication firm established in 1978 by Michael Garin. Hilary Estey McLoughlin currently serves as President....
. In early 1990, the combined companies were named Time Warner
Time Warner

Time Warner Inc. is the world's third largest media and entertainment Conglomerate by market capitalization , headquartered in the Time Warner Center in New York City....
.

See also

  • Warner-Amex Satellite Entertainment
    Warner-Amex Satellite Entertainment

    Warner-Amex Satellite Entertainment Company was a joint venture owned and operated by Warner Communications and American Express that developed and worked on interactive television systems in the late 1970s and initiated several successful cable networks that remain well-known....
  • Video Game Crash of 1983
    Video game crash of 1983

    The North American video game crash of 1983 was the Stock market crash of the US video game market in the early 1980s. It almost destroyed the then-fledgling industry and led to the bankruptcy of several companies producing home computers and video game consoles in North America....
  • Lorimar Productions
    Lorimar Productions

    Lorimar Productions , later known as Lorimar Television, was an United States television production company that was later a subsidiary of Warner Bros., active from 1968 in television-1993 in television....
  • Telepictures
    Telepictures

    Telepictures is an United States television syndication firm established in 1978 by Michael Garin. Hilary Estey McLoughlin currently serves as President....