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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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AMPTP, WGA Negotiations in Home Stretch as Lawyers Gather to Hammer Out Language

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variety.com

WGA and Hollywood’s major studios are in the final phase of hammering out a three-year contract that will bring an end to one of the longest strikes in Hollywood history.

Legal representatives for labor and management were said to be huddling on the fine print of language in complicated contract issues such as the use of generative artificial intelligence and groundbreaking elements for the WGA’s minimum basic agreement, such as a formula for a minimum staff guarantee for episodic TV and a “success-based” residual from subscription platforms that is designed to funnel more money into the WGA’s pension and health funds.

The nitty gritty details of the terms around the AI proposal has been one of the final hurdles to overcome, multiple sources said. “It’s mainly down to language now,” one industry insider said.

The negotiations were jumpstarted this week by the presence of four top executives — Disney’s Bob Iger, Warner Bros. Discovery’s David Zaslav, Netflix’s Ted Sarandos and NBCUniversal’s Donna Langley.

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