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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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Box Office: 'Raya and the Last Dragon' No. 1 With Soft $8.6M Debut

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hollywoodreporter.com

Raya and the Last Dragon had no trouble topping the weekend box office, but couldn't match other studio family films that have played during the pandemic and despite movie theaters finally opening in New York City.

The Disney film, which earned glowing glowing reviews and an A CinemaScore, took in an estimated $8.6 million in its North American debut, compared to $14.1 million a week earlier for Warner Bros.' Tom & Jerry.

Part of the reason is likely due to the refusal of several key chains — including giant Cinemark Theatres— to carry the fantasy-adventure because they wanted more generous terms since Raya debuted simultaneously on Disney+ for $30.

Read more on hollywoodreporter.com
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