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Warner Bros
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 Pictures Quarterly Profit Falls to $300 Million
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hollywoodreporter.comSony Corp. reported Wednesday in Tokyo that Sony Pictures saw its fiscal second-quarter operating earnings fall to $299 million as the novel coronavirus pandemic continued to weigh on the theatrical film business and hit advertising revenues.
The results represent a slide of 18.3 percent from the studio's profit of $366 million in the same period of 2019. Revenue at Sony Pictures fell $615 million in the quarter, a 25 percent year-on-year decline.
Read more on hollywoodreporter.com
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