Editing Filmation (section)

=== Final years ===
In 1981, while Prescott left the company, [[Westinghouse Electric Corporation]], through its [[Westinghouse Broadcasting|Group W Productions]] division, acquired Filmation along with its purchase of TelePrompTer's cable and entertainment properties.<ref name=bc>[https://worldradiohistory.com/Archive-BC/BC-1989/BC-1989-02-13.pdf "Group W sells Filmation." ''Broadcasting'', February 13, 1989, pg. 94]</ref> 

The last shows produced by Filmation were ''[[Ghostbusters (1986 TV series)|Ghostbusters]]'' and ''[[BraveStarr]]'', and the company's last production was the feature film ''[[Happily Ever After (1989 film)|Happily Ever After]]'' (a sequel to the story of [[Snow White]]); this film was produced from 1986 to 1988, and was theatrically released in the [[United States]] five years later, in 1993. Also, at the time of the closing, two new animated series, ''Bugzburg'' (a spin-off of ''[[Pinocchio and the Emperor of the Night]]'', concerning insect characters who had shown up in that movie) and ''Bravo'' (a spin-off of ''BraveStarr''), were beginning production.

In 1989, Westinghouse sold Filmation to Paravision International, an investment consortium led by the French cosmetics company [[L'Oréal]]. Before that sale was complete, Westinghouse shuttered the film studio on February 3, 1989, which left L'Oréal with only the Filmation library.<ref name=bc/> This happened a day before the [[Worker Adjustment and Retraining Notification Act of 1988|WARN Act]] went into effect requiring companies to give employees 60 days' notice before a mass layoff.