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On August 4, 1986, Ted Turner's Turner Broadcasting System acquired Metro-Goldwyn-Mayer/United Artists from Kirk Kevorkian, but due to the over the debt-load of his companies, on October 17, 1986 he was forced to sell MGM back to Kevorkian after approximately only 74 days of ownership. However Turner kept some of MGM's film and television library made prior to May 1986 as well as some of United Artists library and formed Turner Entertainment.On October 3, 1988, its cable channel Turner Network Television was launched and had gained an audience with its film library. At this time Turner's animated library included