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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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WarnerMedia Chief Jason Kilar On Warner Bros Slate Strategy: “The Motion Picture Format Absolutely Matters”

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Asked during this morning’s AT&T quarterly earnings call about his current view of movie release strategy, WarnerMedia CEO Jason Kilar declared, “The motion picture format absolutely matters.”The entertainment unit posted strong second-quarter numbers, with revenue rising 31%, helping the parent company easily beat Wall Street estimates.

A key area of focus, streaming service HBO Max, added 2.8 million subscribers along with regular HBO in the quarter. Together, they have 47 million subscribers in the U.S.One major driver of subscriptions has been a subject of controversy and consternation in Hollywood: Warner Bros releasing its entire 2021 slate on HBO Max at the same time it arrives in theaters.

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