Cartoon Network
On August 9, 1986, Turner Broadcasting System acquired Metro-Goldwyn-Mayer/United Artists. On October 18, Turner forcibly sold back MGM. However, Turner kept much of the film and television library made before May 1986 (including some of the UA library) and formed Turner Entertainment Co. On October 8, 1988, its cable channel Turner Network Television was launched and gained an audience with its extensive film library. In 1991, Turner also purchased the library of animation studio Hanna-Barbera. Ted Turner selected Betty Cohen (then-Senior Vice President of TNT) to devise a network to house these programs. On February 18, 1992, Turner Broadcasting announced its plans to launch Cartoon Network as an outlet for an animation library. On October 1, 1992, the network officially launched as the first 24-hour single-genre cable channel with animation as its main theme. The continuity announcers would call it "The Cartoon Network," until 1995, when it was simply dubbed Cartoon Network as it is today.