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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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New ‘Fantastic Beasts: The Secrets Of Dumbledore’ Trailer: Return To The Wizarding World On April 15

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Since it started in 2016, critical praise for the “Fantastic Beasts” series hasn’t panned out exactly as Warner Bros. anticipated.

Still, this is a “Harry Potter“-adjacent franchise, so it’s a cash cow, albeit not the biggest one in the studio’s pasture. The first in the series netted $816 million at the box office, and its 2018 sequel, “The Crimes Of Grindelwald,” $654 million, both on $200 million budgets.

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