Atari sold to Warner Communications

In 1976, Bushnell, the sole owner of the company, sold the company to Warner Communications for $28 million to continue funding the development of the VCS (Video Computer System), later renamed the Atari 2600.
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In 1976, Bushnell, the sole owner of the company, sold the company to Warner Communications for $28 million to continue funding the development of the VCS (Video Computer System), later renamed the Atari 2600.
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