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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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Warner Bros film pandemic 2020 Warner Bros

How Covid Wiped Out The Studios’ Domestic Box Office Market Share In 2020

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It was supposed to be a year when the playing field became even.After losing to Disney for four years in a row, with the Burbank studio setting an industry record in 2019 of $13.2 billion global box office, a new major studio was set to become the domestic king.“I think 2020 is going to be more of a horse race,” I remember one studio distribution boss beaming to me.Even though Disney had the newly acquired 20th Century Studios and Searchlight, and would count both in their annual box office, the behemoth in 2020 lacked the franchise titles it had in 2019 (i.e., Star Wars: The Rise of Skywalker, Frozen 2, Toy Story 4) which fired up its Disney+ streaming service.

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