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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 Theatres Says Warner Bros.' Streaming Plan Will "Sacrifice" Studio Profits
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hollywoodreporter.comAMC, the world's largest theater chain, is criticizing Warner Bros.' newly unveiled plan to send its2021 feature films — which include the Suicide Squad sequel, Dune and the fourth Matrix movie — to the studio's streaming service, HBO Max, on the same day the titles release in theaters. “Clearly, Warner Media intends to sacrifice a considerable portion of the profitability of its movie studio division, and that of its production partners and filmmakers, to subsidize its HBO Max startup," saidAdam Aron, CEO and president of AMC Entertainment, in a statement to The Hollywood Reporter. "As for AMC, we will do all in our power to ensure that Warner does not do so at our expense.
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