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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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Sony Merges Film and TV Marketing Under One Roof, Layoffs Planned
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hollywoodreporter.comIn a major restructuring, Sony Pictures Entertainment is merging its domestic film and TV marketing divisions under one umbrella.
As a result, Sony becomes the first major studio to consolidate the once-disparate divisions, offering a testament to the blurring of the line between theatrical and streaming.
A source says 35 staffers will receive pink slips as a result of the move, marking the studio's first significant round of layoffs during the novel coronavirus pandemic.
Sony has until now managed to buck the mass layoffs trend that has hit other studios like Disney and Warner Bros. The 35 staffers affected by today's move pales in comparison to the 28,000 let go by Disney in September alone (Disney's theme park business inthe U.S.
Read more on hollywoodreporter.com
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