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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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Warner Bros. Discovery CEO Defends Axing ‘Batgirl’: ‘We’re Not Going to Put a Movie Out Unless We Believe In It’

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variety.com

Adam B. Vary Senior Entertainment WriterWarner Bros. Discovery CEO David Zaslav addressed the company’s controversial decision this week to cancel releases for “Batgirl” and “Scoob!: Holiday Haunt,” during the company’s Q2 earnings call on Thursday.“We’re not going to launch a movie until it’s ready,” Zaslav said during the Q&A portion of the call. “We’re not going to go to movie to make a quarter and we’re not we are not going to release a movie.

And we’re not going to put a movie out unless we believe in it.”The decision to shelve two nearly completed feature films — including a superhero property with a $90 million budget — stunned the wider industry.

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