Hanna-Barbera is known for creating a wide variety of popular animated characters. For over 30 years, successful hit cartoon shows were produced, including Yogi Bear, The Flintstones, The Jetsons, Wacky Races, Scooby-Doo and The Smurfs. For their achievements, Hanna and Barbera together won seven Academy Awards, eight Emmy Awards, a Golden Globe Award and a star on the Hollywood Walk of Fame. The pair was also inducted into the Television Academy Hall of Fame in 1993.
Hanna-Barbera's fortunes declined in the mid-1980s when the profitability of Saturday morning cartoons was eclipsed by weekday afternoon syndication. In late 1991, the studio was purchased from Taft (by then named Great American Broadcasting) by Turner Broadcasting System (Ted Turner's company), who used much of its back catalog to program its new TV channel, Cartoon Network. After Turner purchased the company, Hanna and Barbera continued to serve as creative consultants and mentors.
Turner merged with Time Warner in 1996 and the studio became a subsidiary of Warner Bros. Animation, into which Hanna-Barbera was absorbed after Hanna died in 2001. Cartoon Network Studios continued the projects for the channel's output. Barbera went on to work for Warner Bros. Animation until his death in 2006.