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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 Plans One-Stop Shop for Sports and Entertainment in U.K. With BT Sport Deal

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variety.com

Manori Ravindran International EditorWarner Bros. Discovery’s international streaming lead JB Perrette has said that an extensive joint venture with BT Sport, which was confirmed on Thursday, ensures that the company won’t be a “one-product, one-content type story,” particularly in the U.K.The 50-50 sports joint venture between Warner Bros.

Discovery and BT Sport has been in the works since February and will see the combination of BT Sport and Eurosport. In a call with journalists on Thursday, Perrette cited a choppy few weeks for the industry — no doubt referencing the handwringing surrounding Netflix’s dip in subscribers and share price — and said, “We love our hand.”“We are a multi-product in terms of theatrical distribution, linear, streaming, games, consumer products, so we have a very broad and rich set of products to take to market, and taking that IP and maximizing across those avenues differentiates us,” said Perrette. “Having news, sports and entertainment coming together in one package is incredibly compelling for consumers and … we think Warner Bros.

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