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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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Cancellations Of Completed Seasons Of TV Series; Experts Weigh In On Whether Trend Will Continue

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It has all the makings of a new and disturbing trend in television — companies taking fully produced, unaired series and moving them off their books — but insiders are hesitant to say whether cancellations like what we saw today at Showtime, as well as what has happened at Warner Bros.

Discovery, AMC, Netflix and Peacock over the last few months, is becoming the new normal. Consider it more of a one-time “right-sizing,” they say. “I don’t think those companies are going to want to make a practice of this on an ongoing basis,” a partner at a talent agency tells Deadline. “They’ve done it and they weren’t burned to the ground by the town, but the reaction was really, really strong.

So barring any further kind of financial apocalypse or whatever, I think they’re going to want to reassure people this is a one-of-a-kind thing is based around this unique moment of interest rates shift leading to a change in perception from Wall Street around streaming.” “To spend that kind of money and to not air it, believe me, we’re all scratching our heads,” added another high-ranking TV agent at a competing agency.

He was speaking specifically about HBO Max’s decision to yank Minx, the Lionsgate-produced series that was just about to wrap production on its second season.

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