Turner Entertainment Company is an American multimedia company founded by Ted Turner in Augutst 04, 1986. Purchased by Time Warner in 1996 as part of its acquisition of Turner Broadcasting System (TBS), the company was largely responsible for overseeing the TBS library for worldwide distribution. In recent years, this role has largely been limited to being the copyright holder, as it has become an in-name-only subsidiary of Warner Bros., which currently administers their library.
As a production company, Turner Entertainment also created original in-house programming, such as documentaries about the films it owns, new animated material based on Tom & Jerry and other related cartoon properties, and once produced made-for-television films, miniseries, and theatrical films such as Gettysburg, Tom and Jerry: The Movie, Fallen, The Pagemaster and Cats Don't Dance under the Turner Pictures banner.
Turner also had an international distribution sales unit, accordingly named Turner Pictures Worldwide Distribution, Inc. Turner Pictures was folded into Warner Bros. after the Turner-Time Warner merger, and currently holds the distribution rights to the films made by the production division.
According to en.wikipedia