Today news
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).
Related News
WarnerMedia “Rethinking” Theatrical Model; AT&T COO John Stankey Doesn’t Expect “Snap-Back” Recovery By Exhibitors
Reading now: 350
deadline.comBy Dade Hayes Finance Editor WarnerMedia is “rethinking the theatrical model” in light of COVID-19, AT&T COO John Stankey said on the telecom and media giant’s first-quarter earnings call.
Stankey didn’t elaborate much on that sentiment, and neither did the executive offer any overtures of condolence to theater owners.
Even though top exhibition circuits like AMC and Cinemark are hoping to reopen by the beginning of July — with Cinemark CEO Mark Zoradi last week citing Warner Bros.’ Tenet as a key comeback title — Stankey said he is not overly optimistic. “Don’t expect that’s going to be a snap-back” recovery, he said. “I think that’s going to be something that we’re going to have to watch the formation of consumer confidence, not just
Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
