Seven Arts Productions was founded in 1957 by Ray Stark and Eliot Hyman. In 1967 they acquired Jack Warner's controlling interest in Warner Bros. for $95 million and merged with it, becoming Warner Bros.-Seven Arts. 1957 was a common year starting on Tuesday of the Gregorian calendar. ... Ray Stark (October 3, 1915 - January 17, 2004) was a film producer and powerbroker known for his Machiavellian ways. ... 1967 was a common year starting on Sunday of the Gregorian calendar. ... Jack Warner Jack Warner (August 2, 1892 – September 9, 1978), born John Leonard Eichelbaum in London, Ontario, Canada, was the president and driving force behind the highly successful development of Warner Brothers Studios in Hollywood, Los Angeles, California. ... Warner Bros. ... Warner Bros. ...