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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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YouTube Q3 Ad Revenue Balloons 43% to $7.2 Billion, Nearly as Much as Netflix

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variety.com

Todd Spangler NY Digital EditorYouTube kept raking in huge bucks in the third quarter of 2021.The world’s largest video platform generated $7.205 billion in advertising revenue for the period, an annual increase of 43%.

That’s a new quarterly record for YouTube, up from $7 billion in Q2, and puts it close to Netflix’s Q3 quarterly revenue of $7.48 billion.Click here to sign up for Variety’s free newsletter.Overall, Alphabet — the parent company of Google and YouTube — posted $65.12 billion in revenue, up 41%, and earnings per share of $27.99, handily beating estimates.

Wall Street analysts on average expected Alphabet Q3 revenue to come in at $63.45 billion and EPS to be $23.47, per Refinitiv data.

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