On September 11th, 2015, it was confirmed that Jeffrey Bewkes, the Chairman and CEO of Time Warner, Steven Spielberg, Jeffrey Katzenberg, David Geffen, the founders of DreamWorks, Samuel Kosch, the founder of SammyWorks and one of the founders of ScratchWorks, Peter Roth, the cheif executive of The Warner Bros. Television Group (for Warner Bros. International Television Production), Doug Pendergast, the CEO of Quiznos, Richard Branson and Nik Powell, the founders of Virgin, Bob Iger, the CEO of The Walt Disney Company, and Chance S., Nadjib M., Felipe S., and Yuvi R., the rest of the founders of ScratchWorks announced that Warner Independent Pictures will be revived for $30 million.
Credit to Time Warner!
