Question: With what company did Turner Broadcasting Systems merge in 1996?
Sentence: In 1996, Turner Broadcasting System merged with Time Warner, which besides placing Turner Classic Movies and Warner Bros. Entertainment under the same corporate umbrella, also gave TCM access to Warner Bros.' library of films released after 1949 (which itself includes other acquired entities such as the Lorimar, Saul Zaentz and National General Pictures libraries); incidentally, TCM had already been running select Warner Bros. film titles through a licensing agreement with the studio that was signed prior to the launch of the channel.
Answer in sentence: yes