>>149282407
Well
Terrytoons was purchased by CBS in the 1950s. There was a law passed in the early 70s stating that the networks could not distribute their own programming (it was a whole thing that didn't really work and was repealed in the early 90s). CBS chose to spin off their syndication division into a new company called Viacom, which included the Terrytoons library. Viacom became big enough to purchase CBS itself in the late 90s, which for a number of reasons (notably rapist Les Moonves fighting the head of MTV Networks) didn't work either, and they split in 2006. This also split their libraries, with CBS getting most of the legacy properties and broadcast networks, and Viacom keeping the cable networks and the content made for it (in 2006 cable assets were still seen as more valuable). CBS got Terrytoons as part of the deal, but Viacom kept the theatrical rights I think? Didn't mean anything because they did jack shit with the library. Even after the remerger CBS still owns Terrytoons and still does jack shit with it