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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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Endeavor Chief Blasts WarnerMedia’s HBO Max Plan: ‘A Blatant Attempt to Self-Deal’
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variety.comDave McNary Film ReporterPatrick Whitesell, executive chairman of WME parent company Endeavor, has blasted WarnerMedia’s stunning plan to stream all 17 of its 2021 Warner Bros.
theatrical releases on HBO Max at the same time as they play in theaters.“Warner Bros. announced a strategy across an entire slate of 2021 movies without consulting with their partners (our clients), not only disregarding our clients’ feelings about the strategy but in many cases constituting a contractual violation,” Whitesell said in a note released Friday. “This is a blatant attempt to self-deal and use our clients work to build their HBO Max streaming service, which our clients have no financial interest in.”“The simultaneous release on HBO Max will cannibalize.
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