Kinney National Company facts for kids
Kinney National Service Inc. was a big company that started in 1966. It was formed when two other companies, the Kinney Parking Company and the National Cleaning Company, joined together. Kinney National Service Inc. became a major player in the media world. It owned famous movie studios like Warner Bros. Pictures and television companies such as Warner Bros. Television. In 1972, the company changed its structure and was renamed Warner Communications.
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What Was Kinney National Service Inc.?
Kinney National Service Inc. was a large business group, also known as a conglomerate. It brought together different types of companies under one big umbrella. This allowed them to work in many industries, from parking lots to movie making.
How It Started: A Big Merger
The company was created in 1966. This happened when the Kinney Parking Company and the National Cleaning Company decided to merge. A merger is when two or more companies combine to form a new, larger company.
Kinney Parking Company
The Kinney Parking Company was known for its parking lots and garages. It helped people find places to park their cars in cities.
National Cleaning Company
The National Cleaning Company focused on cleaning services. They likely cleaned offices, buildings, and other places.
Becoming a Media Giant
After the merger, Kinney National Service Inc. grew quickly, especially in the entertainment business. They started to own and manage famous movie and TV companies.
Warner Bros. Pictures
One of their most well-known acquisitions was Warner Bros. Pictures. This studio has made many popular movies over the years.
Warner Bros. Television
They also owned Warner Bros. Television, which produced many TV shows. This made Kinney National Service Inc. a big name in both movies and television.
The Change to Warner Communications
In 1972, Kinney National Company decided to change its business structure. They spun off some of their parts and then renamed the main company. This new name was Warner Communications. This change marked a new chapter for the company, focusing even more on media and entertainment.
See also
In Spanish: Kinney National Company para niños
