debt, Turner kept the pre-May 1986 MGM film and television libraries and a small portion of the United Artists library (including the a.a.p. library and North American rights to the RKO Radio Pictures library) while spinning off the rest of MGM. In 1989, Warner Communications acquired Lorimar-Telepictures Corporation. Lorimar's catalogue included the post-1974 library of Rankin/Bass Productions, and the post-1947 library of Monogram Pictures/Allied Artists Pictures Corporation. In 1991, Turner Broadcasting System acquired animation studio Hanna-Barbera and the Ruby-Spears library from Great American Broadcasting, and years later, Turner Broadcasting System acquired Castle Rock Entertainment on December 22, 1993 and New Line Cinema on January 28, 1994. On October 10, 1996, Time Warner acquired Turner Broadcasting System, thus bringing Warner Bros.' pre-1950 library back home. In addition, Warner Bros. only owns Castle Rock Entertainment's post-1994 library. In 2008, Time Warner integrated New Line to Warner Bros. In June 2016, it created the Harry Potter Global Franchise Development Team to oversee its ownership of the Harry Potter franchise worldwide (including the Wizarding World trademark). The studio's first live-action film was My Four Years in Germany (1918), their first animated film was Gay Purr-ee (1962). Animated films produced by Warner Bros. Animation, and the Warner Animation Group are also released by Warner Bros. Pictures. The studio has released twenty-five films that have received an Academy Award for Best Picture nomination: Disraeli (1929), I Am a Fugitive from a Chain Gang (1932), 42nd Street (1933), Here Comes the Navy (1934), A Midsummer Night's Dream (1935), Anthony Adverse (1936), The Life of Emile Zola (1937), The Adventures of Robin Hood (1938), Four Daughters (1938), Jezebel (1938), Dark Victory (1939), to name a few. Film series Highest-grossing films ‡ - include theatrical reissues Notes co-owned by New Line Cinema and Metro-Goldwyn-Mayer Pictures (the film's producers) References External links American brands American companies established in 1923 Film production companies of the United States Entertainment companies based in California Companies based in Burbank, California Mass media companies established in 1923 1923 establishments in California Pictures Film distributors of the United States Academy Award for Technical Achievement winners