ax ▁and ▁mer ging ▁the ▁film ▁and ▁TV ▁libraries ▁of ▁both ▁companies ▁when ▁the ▁latter ▁went ▁up ▁for ▁sale ▁in ▁July . ▁On ▁February ▁ 2 0 1 6 , ▁T W C ▁decided ▁to ▁put ▁its ▁film ▁library ▁of ▁ 5 2 0 ▁titles ▁as ▁well ▁as ▁a ▁majority ▁st ake ▁in ▁its ▁TV ▁division ▁up ▁for ▁sale , ▁and ▁later ▁signed ▁invest ment ▁banks ▁Mo el is ▁& ▁Co ▁and ▁Thomas ▁De y ’ s ▁A CF ▁In vest ment ▁Bank ▁to ▁handle ▁the ▁TV ▁sale ▁( which ▁was ▁res umed ▁nine ▁months ▁after ▁the ▁failed ▁tal ks ▁with ▁I TV ) ▁by ▁looking ▁for ▁strateg ic ▁invest ors . ▁Meanwhile ▁in ▁March , ▁Mir am ax ▁has ▁been ▁acquired ▁by ▁Be IN ▁Media ▁Group , ▁but ▁in ▁a ▁later ▁July ▁interview ▁however , ▁Wein stein ▁said ▁that ▁he ' s ▁still ▁interested ▁in ▁mer ging ▁T W C ▁with ▁Mir am ax ▁and ▁combining ▁the ▁two ▁companies ' ▁libraries ▁in ▁order ▁to ▁build ▁a ▁larger ▁film ▁library , ▁even ▁after ▁the ▁Be IN ▁ac quisition . ▁In ▁June ▁ 2 0 1 6 , ▁James ▁L . ▁Dol an ▁ex ited ▁T W C ' s ▁board ▁of ▁direct ors ▁and ▁is ▁replaced ▁by ▁h edge ▁fund ▁billion aire ▁and ▁Mil w au kee ▁Buck s ▁co - owner ▁Marc ▁Las ry . ▁Later ▁on ▁August ▁ 1 , ▁Op us ▁Bank ' s ▁media ▁and ▁entertain ment ▁bank ing ▁division ▁fund ed ▁a ▁$ 4 0 0 ▁million ▁credit