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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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Ted Sarandos Is All “Spin,” Other CEOs “Irresponsible” For Abandoning Talks To End Strike, SAG-AFTRA’s Duncan Crabtree-Ireland Says

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deadline.com

EXCLUSIVE: Ted Sarandos may have insisted today that he and other studio CEOs want to end the over three-month long actors strike and “get everyone back to work,” but for SAG-AFTRA’s chief negotiator, the Netflix boss is full of nothing but hot air. “Talking about putting people back to work while refusing to negotiate is just spin,” bluntly exclaims Duncan Crabtree-Ireland to Deadline this evening in response to Sarandos’ comments during the streamer’s third-quarter earnings call Wednesday.

Coming a week after the AMPTP and the CEO Gang of Four suddenly suspended deliberations over the guild’s revenue sharing proposal, Sarandos today said after an optimistic” start to talks “a subscriber levy unrelated to viewing or success” suggested by SAG-AFTRA “really broke our momentum.” Led in bargaining by Sarandos, Warner Bros.

Discovery’s David Zaslav, NBCUniversal’s Donna Langley and Disney’s Bob Iger, the AMPTP walked out of talks in the afternoon of October 11 and later phoned Crabtree-Ireland and union president Fran Drescher to say they weren’t coming back after just nine days of on and off meetings.

The studios and streamers asserted the guild’s estimated $800 million a year plan was an “untenable economic burden” that could break them.

Read more on deadline.com
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