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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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Paramount Halts Release Of ‘The Lost City’ & ‘Sonic The Hedgehog 2’ In Russia

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deadline.com

Paramount is the latest Hollywood studio to pull its upcoming movies, the Sandra Bullock-Channing Tatum-Brad Pitt romantic comedy adventure The Lost City and Sonic the Hedgehog 2, from Russia as the Ukraine invasion continues.“As we witness the ongoing tragedy in Ukraine, we have decided to pause the theatrical release of our upcoming films in Russia, including The Lost City, and Sonic the Hedgehog 2.

We stand by all those impacted by the humanitarian crisis across Ukraine, Russia, and our international markets and will continue to monitor the situation as it unfolds,” Paramount announced this AM in a statement.Yesterday, Disney set the table in how the major studios would approach a lucrative box office territory that has opted to go to war with an independent nation: Not with words, but with actions.

Disney decided to pause the theatrical release of Pixar’s Turning Red in Russia. This prompted Warner Bros. to change their minds about opening The Batman behind the Iron Curtain on March 3rd, and Sony followed pausing their upcoming theatrical releases in the country including Marvel’s Morbius.

The first Sonic the Hedgehog raked in close to $11M in Russia. Bullock’s Ocean’s Eight did $6.3M. Sony’s Spider-Man: No Way Home cleared close to $45M.

Read more on deadline.com
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