The Warner Bros. film libraries were reunited when Time Warner bought Turner in 1996 .
Time Warner is the studio 's parent company since the 1990 merger of Time Inc. and Warner Communications ( formerly Kinney National Company ) .
The Warner Bros. film libraries were reunited when Time Warner , the studio 's parent company since the 1990 merger of Time Inc. and Warner Communications ( formerly Kinney National Company ) , bought Turner in 1996 .