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Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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AMC & Regal Cinemas Respond To WarnerMedia’s HBO Max Release Strategy

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A metaphorical bomb was dropped yesterday in the world of the film industry. Though the bomb was not a real explosive, there has already been significant real-world damage to theater chains such as AMC Theatres, Regal Cinemas, and more, as WarnerMedia announced plans to release its entire 2021 Warner Bros.

film slate simultaneously in theaters and HBO Max. After the announcement, stock prices tumbled for the major theater chains as people started to really see the writing on the wall—movie theaters are never going to be the same again.

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