Nolan Bushnell companies to approach to buy Atari. Meanwhile, Steve Ross, CEO of Warner Communications, noticed that his children were hovering around video game cabinets at Walt Disney World. Warner Communications was contacted about Atari by one of its investors to discuss purchasing the company. For $28 million, Warner Communications (now WarnerMedia) bought Atari, bringing the capital they needed for the VCS launch, which took place in August 1977. In November 1978, Bushnell was forced out of the company after a dispute with Warner over its future direction, notably on the lifespan of the Atari 2600 and their closed software strategy, which
Dabney Oil Syndicate and Miley were shut out of the much more lucrative Elwood field, which was discovered in June 1928 near the coast, due south of the Goleta field. Joseph Dabney died in 1932. In 1933, Miley plead guilty to a misdemeanor violation of the California Corporate Securities Act in connection with his promotion of the Miley Petroleum Exploration Company, a subsidiary of the Miley Oil Company, and was sentenced to one year in jail. Raymond Chandler came to work for the Dabney Oil syndicate in 1922 as a bookkeeper and auditor in their Signal Hill (Los Angeles) office. He rose to