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In 1991, Turner Broadcasting System bought animation studio Hanna-Barbera Productions, and much of the back catalog of both Hanna-Barbera and Ruby-Spears Productions from Great American Broadcasting, and three years later, Turner bought New Line Cinema and Castle Rock Entertainment.
In 1996, Time Warner bought Turner Broadcasting System, and as a result, the pre-1950 sound films and the pre-August 1948 cartoon library ( excluding the B & W Looney Tunes & Merrie Melodies which WB bought back as it merged with Seven Arts but including the Harman-Ising Merrie Melodies, save Lady, Play Your Mandolin!
WB tried to buy back the pre-1950 sound films and pre-August 1948 cartoons from MGM / UA in 1982, but the deal fell through.
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