Telepictures Productions

Purchase by Warner Communications and rebrand as Telepictures Productions (1988–present)

In 1987, Lorimar Television was created as a separate production entity of Lorimar-Telepictures. Around this time, the company purchased a 9% stake in Warner Communications (now Warner Bros. Discovery), which set off talks about a possible merger between two entertainment entities. The following year, Warner Communications finally purchased the company. Lorimar Television became a separate subsidiary of Warner Bros. Television Studios until 1993, while Lorimar-Telepictures unit was folded into Warner Bros. Television Distribution. Telepictures became Telepictures Productions in 1990, a producer of syndicated programming that Warner Bros. Television would distribute. Later on that year, David Salzman, founding partner left Lorimar to start Warner-affiliated production company with Millennium Productions, covering affiliated houses like Lorimar Television and Telepictures Productions.