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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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‘The Traitors’ Studio All3Media Gets $119M Cash Boost From New Owner RedBird IMI
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deadline.comEXCLUSIVE: All3Media, the British production empire behind The Traitors and Call The Midwife, has got a £90.3M ($119M) cash injection from its new parent company RedBird IMI.
All3Media disclosed the liquidity boost in its first set of earnings since being acquired for £1.15B by RedBird IMI, the Abu Dhabi-backed investment vehicle run by former CNN chief Jeff Zucker.
The financial report, filed at the UK’s Companies House, reveals that the production group’s EBITDA rose 7.2% to a record £107.4M in the year to 31 December, 2023.
All3Media’s revenue stood at £995.2M last year, which was down slightly from the all-time high of just over £1B recorded in 2022, according to the filing.
Read more on deadline.com
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