Jack L. Warner to merge with United Artists Television) for the modest sum of $21 million. "This is our heritage, what we worked all our lives to create, and now it is gone," Harry exclaimed, upon hearing of the deal. The breach between Jack and Harry widened later that year. In July 1956, Jack, Harry, and Albert announced that they were putting Warner Bros. on the market. Jack, however, secretly organized a syndicate that purchased control of the company. By the time Harry and Albert learned of their brother's dealings, it was too late. Jack Warner, as the company's largest stockholder, appointed himself
Tianyi Film Company eldest Shaw brother who had been a lawyer and businessman, was the manager of the theatre Xiao Wutai (Happy Stage or Laughter Stage) in Shanghai. Among his colleagues were Zhang Shichuan, Zheng Zhengqiu, and Zhou Jianyun, who co-founded Mingxing Film Company. In 1923 Mingxing released the film "Orphan Rescues Grandfather" to great commercial success. Inspired by his former colleagues, Shaw established Tianyi Film Company in 1925. He served as general manager and director, while his younger brothers Runde Shaw (Shao Cunren) and Runme Shaw (Shao Renmei) managed accounting and distribution. The youngest brother, Run Run Shaw (Shao Yifu), did odd