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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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Liberty Global CEO Mike Fries Says All3Media Sale Is “Bittersweet”; Confirms ITV Back In For Producer
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deadline.comLiberty Global CEO Mike Fries has said that the sale of All3Media will be a “bittersweet” moment, as it launches an auction for the British super producer.
Pay-TV giant Liberty has co-owned All3Media with Warner Bros. Discovery since 2014 and has this week launched a formal £1B ($1.2B) sale process for The Traitors producer.
Fries told the RTS Cambridge Convention that they are looking to sell because All3Media “might be a business that has greater value in a larger platform” amid wider industry consolidation. “It’s bittersweet.
Let’s see what happens,” he said, adding that “pretty much everybody you can think of” is interested in acquiring the production group.
Read more on deadline.com
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