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Warner Bros. Entertainment

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This article is about the modern film and television production division since 2002. For its predecessors, seeEarly history of Warner Bros. Pictures. For other uses, seeWarner Bros.
American multinational film and entertainment corporation
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Warner Bros. Entertainment Inc.
Logo used since 2023[1]
Warner Bros.'s offices inBurbank, California
Warner Bros.
Company typeSubsidiary
IndustryEntertainment
Predecessors
FoundedApril 4, 1923; 102 years ago (1923-04-04)(earliest predecessor)
December 3, 2002; 23 years ago (2002-12-03)(current incorporated entity)
Founders
Headquarters4000 Warner Boulevard,
Burbank, California
,
US
Area served
Worldwide
Key people
Products
Brands
RevenueDecreaseUS$12.15 billion (2020)
DecreaseUS$2.07 billion (2020)
Number of employees
est. 8,000 (2014)
Parent
Divisions
Subsidiaries
Websitewarnerbros.com
Footnotes / references
[1][2][3][4][5]

Warner Bros. Entertainment Inc. (WBEI)[a] is an Americanmultinational film andentertainment corporation currently owned byWarner Bros. Discovery. It is headquartered at theWarner Bros. Studios complex inBurbank,California. The modern Warner Bros. Entertainment Inc. entity was formed on December 3, 2002,[8] at which time it was part ofAOL Time Warner.

Warner Bros. Entertainment is best known for its film studio division ofWarner Bros. Motion Picture Group, which includesWarner Bros. Pictures,New Line Cinema,Warner Bros. Pictures Animation,Castle Rock Entertainment, andDC Studios. Warner Bros. Pictures is one of the"Big Five" major American film studios and is the third oldest film studio in the United States still in operation, afterParamount Pictures andUniversal Pictures, both founded in 1912. It also includesWarner Bros. Television Group which includes the television production companyWarner Bros. Television Studios, which includes a 50% ownership interest in theCW broadcast television network co-owned withParamount Skydance and theNexstar Media Group.

It is commonly referred to as simply "Warner Bros.", although someWarner Bros. branded entities are not part of Warner Bros. Entertainment Inc.Warner Bros. Discovery Global Experiences is a separate division of Warner Bros. Discovery that includesWarner Bros. Games as well as theme park operations.Warner Music Group has been an independent company since being spun off from Time Warner in 2004.

The company's official mascot isBugs Bunny, a cartoon character created byBen Hardaway,Cal Dalton,Charles Thorson,Tex Avery,Chuck Jones,Bob Givens, andRobert McKimson as part of theLooney Tunes film series.

History

Predecessors

The company is indirectly derived fromthe original Warner Bros. Pictures, which was founded in 1923 by four brothers:Harry,Albert,Sam, andJack L. Warner. The company established itself as a leader in the American film industry, before diversifying into animation, television, and video games.

Prior to 1992, the film and television production units derived from the original Warner Bros. Pictures were part of the Warner Bros. Inc. subsidiary of what was thenTime Warner. That year, Time Warner transferred most of its film, television production, and cable businesses, including the Warner Bros. assets, intoTime Warner Entertainment Company, L.P. (TWEC), a newlimited partnership withToshiba andC. Itoh & Co. where each invested US$500 million for a 6.25% share. The deal was intended to relieve debt pressure from the then-recent merger between Time Inc. and Warner Communications.[9][10]

In 1993,US West joined the partnership with a US$2.5 billion investment for a 25% share.[11] By 1996, TWEC was owned 74.49% by Time Warner and the remainder by US West.[12]

Current entity

In March 2003, AOL Time Warner regained full control of the Warner Bros. film and television production assets from TWEC and placed them in the newly formed Warner Bros. Entertainment Inc. wholly-owned subsidiary, which had been formed on December 3, 2002. (TWEC retained onlyTime Warner Cable, which was eventually spun off.)[8][13]

Warner Bros. Entertainment eventually gained new assets that had been derived from acquisitions. Several were derived from the 1996 acquisition ofTurner Broadcasting System by Time Warner:Castle Rock Entertainment was moved into Warner Bros. Entertainment in 1997,[14]Turner Entertainment Co. by 2006,[15]New Line Cinema in 2008,[16] andTurner Classic Movies in 2019.[17][16][18][19]Cartoon Network Studios andHanna-Barbera Studios Europe became part of Warner Bros. Entertainment as a result of the 2022 merger withDiscovery, Inc.[20]

Organization

This section is an excerpt fromList of assets owned by Warner Bros. Discovery § Warner Bros. Entertainment.[edit]

Warner Bros. Motion Picture Group

Warner Bros. Television Group

Executive management

Chairman of the board

Vice chairman

Presidents

Chief executive officers

Chief operating officers

Notes

  1. ^Pronounced "Warner Brothers".[6] The abbreviated form is always used in writing, except when referring to the four Warner brothers themselves.[7] It is never read out loud as "Warner Bros" (-⁠BROHZ or similarly); the opening voiceover ofThe Lego Batman Movie (2017) alludes to this common mistake.

References

  1. ^abBurgos, Matthew (May 4, 2023)."warner bros. logo gets a thicker, bolder, and sharper look from chermayeff & geismar & haviv".Designboom.Archived from the original on May 4, 2023. RetrievedMay 4, 2023.
  2. ^"2020 Financial and Operational Trends"(PDF).AT&T. January 27, 2021.Archived(PDF) from the original on November 11, 2021. RetrievedApril 27, 2022.
  3. ^"Company history". Warner Bros. Archived fromthe original on October 16, 2015. RetrievedApril 9, 2014.
  4. ^Patten, Dominic; Yamato, Jen."Warner Bros Layoffs Long Planned But "Accelerated" By Failed Fox Bid".Deadline Hollywood.Archived from the original on September 6, 2014. RetrievedSeptember 6, 2014.
  5. ^"Warner Archive Collection podcast". Warnerbros.com. April 8, 2014. Archived fromthe original on March 4, 2016. RetrievedDecember 17, 2016.
  6. ^Thomson, David (2017).Warner Bros: The Making of an American Movie Studio. New Haven: Yale University Press. p. 1.ISBN 9780300197600. RetrievedAugust 17, 2023.
  7. ^Gomery, Douglas; Pafort-Overduin, Clara (2011).Movie History: A Survey (2nd ed.). New York: Routledge. p. 150.ISBN 9781136835254.Archived from the original on April 9, 2023. RetrievedMarch 20, 2023 – viaGoogle Books.
  8. ^abKobrin, Janet A. (2007-02-26)."Warner Bros. Entertainment Inc. v. The Kaplan Trust: Declaration of Janet A. Kobrin"(PDF).U.S. Patent and Trademark Office. Retrieved2026-01-01.
  9. ^"Japanese partners close Time Warner deal".UPI. Retrieved2026-01-02.
  10. ^Willman, David (1992-07-01)."Time Warner Completes Deal With Japanese".Los Angeles Times. Retrieved2026-01-02.
  11. ^"Time Warner closes U S West deal".UPI. Retrieved2026-01-02.
  12. ^"TIME WARNER COMPANIES INC (Form: 10-Q)".Edgar Online. 1996-11-14. Retrieved2026-01-02.
  13. ^"Time Warner Inc.: Annual report for the fiscal year ended December 31, 2003 (Form 10-K)".U.S. Securities and Exchange Commission. Retrieved2026-01-02.
  14. ^Cox, Dan (December 7, 1997)."Castle Rock near split-rights deal".Variety.
  15. ^"EX-21 SUBSIDIARIES OF THE REGISTRANT".www.sec.gov. Retrieved2026-01-02.
  16. ^ab"Dial 'D' for disaster: The fall of New Line Cinema".The Independent. London. April 16, 2008.Archived from the original on June 18, 2022.
  17. ^Lauren Feiner (March 4, 2019)."WarnerMedia reorganizes its leadership team after AT&T acquisition".CNBC.Archived from the original on March 4, 2019. RetrievedMarch 4, 2019.
  18. ^Michael Schneider (March 12, 2019)."What the End of the Turner Brand Could Mean for Its Channels".Variety.Archived from the original on March 30, 2019. RetrievedApril 23, 2019.
  19. ^Littleton, Cynthia (March 4, 2019)."Warner Bros. Wants to Rev Up Kid's Content With Looney Tunes, Hanna-Barbera".Variety.Archived from the original on March 5, 2019. RetrievedMarch 4, 2019.
  20. ^Schneider, Michael (2022-10-12)."Warner Bros. TV Group Lays Off 82 Staffers, Consolidates Some Unscripted and Animation Departments in Belt-Tightening Restructure".Variety. Retrieved2022-10-12.
  21. ^"Warner Bros. forms digital networks division".www.bizjournals.com. Retrieved2022-04-30.
  22. ^"Home Entertainment".www.warnerbros.com. Archived fromthe original on 2019-06-30. Retrieved2022-10-22.
  23. ^"WarnerBros.com | Warner Bros. Entertainment Forms Industry's First Dedicated Worldwide Anti-Piracy Unit | Press Releases".www.warnerbros.com.
  24. ^Maas, Jennifer (2022-08-15)."Nexstar to Acquire 75% Stake in the CW Network From Paramount Global, Warner Bros. Discovery".Variety. Retrieved2022-08-15.
  25. ^Hayes, Dade (2022-08-15)."The CW Will Be A Profitable Network By 2025, With Broader And Cheaper Programming, New Owners At Nexstar Signal".Deadline. Retrieved2022-08-15.

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