The Turner Entertainment Company (commonly referred to as "Turner") is a media distribution company established on August 4, 1986 by media mogul, Ted Turner, as a subsidiary of Turner Broadcasting System to oversee its film and television libraries after its ultra short-lived acquisition of MGM/UA Entertainment Co. (now "Metro-Goldwyn-Mayer Studios, Inc," and "United Artists Corporation" respectively, which are now owned by MGM Holdings Inc.). Today owned by Time Warner, Inc., the company is largely responsible for overseeing its library for worldwide distribution, although Warner Bros. Entertainment currently handles all sales and distribution, while Turner Entertainment now retains its role as the copyright holder. Its movie counterpart is Turner Pictures.
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