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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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WarnerMedia Closing Hong Kong Theatrical Division; Universal To Release WB Pictures In Market

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deadline.com

WarnerMedia will be closing its Hong Kong theatrical office with films from Warner Bros to be released by Universal Pictures in the market from January 1, Deadline has confirmed.

Layoffs are expected in Hong Kong, though an exact number is not yet clear.A typically solid market, Hong Kong’s cinemas shuttered for the third time in early December, amid a fourth wave of rising coronavirus cases.

Earlier this week, the government extended social distancing measures until at least January 6, 2021 which includes the continued closure of movie theaters.

Warner Bros’ Tenet did $7.1M in the market after releasing September 10. Wonder Woman 1984 had originally been scheduled for release there on December 17, but was forced off the date due to the

Read more on deadline.com
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