Warner Bros.-Seven Arts was formed in 1967, when Seven Arts Productions acquired Jack Warner's controlling interest in Warner Bros. for $95 million and merged with it. The deal also included Warner Bros. Records, Reprise Records and the B&W Looney Tunes library (plus the first Merrie Melodie, Lady, Play Your Mandolin!). Later that same year, Warner Bros.-Seven Arts purchased Atlantic Records.

Warner Bros.-Seven Arts was acquired in 1969 by Kinney National Company which changed its name to Warner Communications Inc. in 1972. This has since merged with Time, Inc. to form Time Warner.