Coca-Cola Communications

Coca-Cola Communications was an American production company founded in 1988, a day after Coca-Cola Telecommunications closed. The company suffered bankruptcy in 1992, and ultimately closed in 1993. The company produced shows and movies during its time. The company was owned by The Coca-Cola Company.

History
After Coca-Cola Telecommunications closed, a man named Davis Wergley came up with another idea to relaunch Coca-Cola Telecommunications, but failed eventually due to the CEO of Columbia Pictures saying, “There is no possible way we can relaunch Coca-Cola Telecommunications, besides, we have Columbia Pictures Television what do we need that for?”. He went to The Walt Disney Company, and signed a deal to relaunch Coca-Cola Telecommunications under a new name, they originally went with Coca-Cola Studios but quickly realized that would copy Disney's studio division. They went with Coca-Cola Communications, a new name to chop down the word 'tele' from 'communications'. Coca-Cola Communications officially launched on New Year's Day. It went under the name Coca-Cola Disney Communications for about a year until 1989, when the company changed its name to Coca-Cola Communications.

Decline and lawsuit
The company continued to produce shows and films for other studios, most of the time it was Disney. In 1990, Coca-Cola Communications had suffered a crisis where many corporations couldn't stay afloat. The company stayed afloat for a lot of time, but was mostly phased out by other film studios. Disney was the last distributor for all films and shows that were produced by Coca-Cola Communications.

In early 1992, Disney falsely sued The Coca-Cola Company for $100,000,000 dollars in debt. With that being said, Disney also said that Coca-Cola Communications would be bought out by the company. With Coca-Cola Communications still being in their crisis.

Closure
In August 1993, Disney announced that Coca-Cola Communications would file for bankruptcy, which meant that the company would need to pay off $1,000,000,000 dollars. The company laid off 1,000 employees and by September 15th, Coca-Cola Communications stopped producing shows and films. With four planned movies scrapped, one was made, that being Wolme 3, a sequel to Wolme 2: Together Forever, that being released in 1989. By September 16th, Coca-Cola Communications had ceased trading and the next day, they ceased operations entirely.

Failed revival
In early 1998, The Coca-Cola Company announced that a new production company would launch as Coca-Cola Communications' successor, that was Coke Entertainment, but didn't last until 1999, when Pepsi Home Entertainment and Coke Entertainment went bankrupt sooner after.

Second revival
In late 2012, The Coca-Cola Company announced that they partnered up with NBCUniversal to relaunch a new revival for the company, Coca-Cola Television Group was the new successor to the company after 19 years. But the company said that NBCUniversal would own 60% of the company, while The Coca-Cola Company would only own 40%. Coca-Cola Television Group began operations in 2013.