What if Focus Features was founded in 1937?

In reality, we know that Focus Features was founded in 2002.

But in this alternate universe idea, what if Focus Features was founded in 1937?

Changes

 * In this timeline, It would've been originally known as Memorial Pictures (1937-1977), until it would've been split into smaller independent studios, which later formed the divisional merger of USA Films, Universal Focus and Good Machine, as well as October Films, Rogue Pictures, Gramercy Pictures, and the several assets of the Vivendi-affiliated film studio StudioCanal.
 * It would've had its original founders named Walter Chiniquy and Frank Nadjarian.
 * However, in 1977, the studio would've been split into two separate companies: Winfield Pictures and Gordon Pictures, which alongside the said studios would've been later merged into the same studio.
 * If we go by 1984, and it's stated that Walter Chiniquy is the CEO, that would mean that Frank Nadjarian is no longer the president of the company, meaning he is no longer with Winfield Pictures.