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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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AT&T CFO on WarnerMedia Reorganization and Layoffs: A ‘Natural Progression’ in Shift to Streaming
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variety.comTodd Spangler NY Digital EditorThe broad restructuring at WarnerMedia is a “natural progression” for the media conglomerate to hone its focus on HBO Max, according to John Stephens, AT&T’s chief financial officer.WarnerMedia laid off hundreds of employees Monday across Warner Bros., HBO and DC Entertainment.
That came after a major management shakeup under new CEO Jason Kilar, under which HBO Max content leaders Robert Greenblatt and Kevin Reilly were let go and Warner Bros.
CEO Ann Sarnoff assumed additional oversight over content for HBO Max and basic cable networks. Andy Forssell, general manager of HBO Max, was put in charge of a new entity’s HBO Max business group and will oversee international expansion.
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