Warner Brothers, Oz Wiki

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Warner Brothers is a company founded in 1923 which bought the rights to 1939's The Wizard of Oz from MGM, along with all of the movies the latter produced before 1986 sometime between 1997-1999. This is evident because MGM released the very first DVD release of the film in 1997 and Warner Brothers released the 60th Anniversary DVD in 1999. The copyright is set to expire in 2035. Warner Brothers uses the copyright in order to claim exclusive TV and distribution rights to profit on the sales of of