Warner Bros. Entertainment Inc. (WBEI) is an American multinational film and entertainment corporation currently owned by Warner Bros. Discovery. It is headquartered at the Warner Bros. Studios complex in Burbank, California. The modern Warner Bros. Entertainment Inc. entity was formed on December 3, 2002,[8] at which time it was part of AOL Time Warner.
Warner Bros. Entertainment is best known for its film studio division of Warner Bros. Motion Picture Group, which includes Warner Bros. Pictures, New Line Cinema, Warner Bros. Pictures Animation, Castle Rock Entertainment, and DC Studios. Warner Bros. Pictures is one of the "Big Five" major American film studios and is the third oldest film studio in the United States still in operation, after Paramount Pictures and Universal Pictures, both founded in 1912. It also includes Warner Bros. Television Group which includes the television production company Warner Bros. Television Studios, which includes a 12% ownership interest in the CW broadcast television network co-owned with Paramount Skydance and the Nexstar Media Group.
It is commonly referred to as simply "Warner Bros.", although some Warner Bros. branded entities are not part of Warner Bros. Entertainment Inc. Warner Bros. Discovery Global Experiences is a separate division of Warner Bros. Discovery that includes Warner Bros. Games as well as theme park operations. Warner Music Group has been an independent company since being spun off from Time Warner in 2004.
The company's official mascot is Bugs Bunny, a cartoon character created by Ben Hardaway, Cal Dalton, Charles Thorson, Tex Avery, Chuck Jones, Bob Givens, and Robert McKimson as part of the Looney Tunes film series.
History
Predecessors
The company is indirectly derived from the original Warner Bros. Pictures, which was founded in 1923 by four brothers: Harry, Albert, Sam, and Jack L. Warner. The company established itself as a leader in the American film industry, before diversifying into animation, television, and video games.
Prior to 1992, the film and television production units derived from the original Warner Bros. Pictures were part of the Warner Bros. Inc. subsidiary of what was then Time Warner. That year, Time Warner transferred most of its film, television production, and cable businesses, including the Warner Bros. assets, into Time Warner Entertainment Company, L.P. (TWEC), a new limited partnership with Toshiba and C. Itoh & Co. where each invested US$500 million for a 6.25% share. The deal was intended to relieve debt pressure from the then-recent merger between Time Inc. and Warner Communications.[9][10]
In 1993, US West joined the partnership with a US$2.5 billion investment for a 25% share.[11] By 1996, TWEC was owned 74.49% by Time Warner and the remainder by US West.[12]
Current entity
In March 2003, AOL Time Warner regained full control of the Warner Bros. film and television production assets from TWEC and placed them in the newly formed Warner Bros. Entertainment Inc. wholly-owned subsidiary, which had been formed on December 3, 2002. (TWEC retained only Time Warner Cable, which was eventually spun off.)[8][13]
Warner Bros. Entertainment eventually gained new assets that had been derived from acquisitions. Several were derived from the 1996 acquisition of Turner Broadcasting System by Time Warner: Castle Rock Entertainment was moved into Warner Bros. Entertainment in 1997,[14] Turner Entertainment Co. by 2006,[15] New Line Cinema in 2008,[16] and Cartoon Network, Boomerang, Adult Swim and Turner Classic Movies in 2019.[17][16][18][19] Cartoon Network Studios and Hanna-Barbera Studios Europe became part of Warner Bros. Entertainment as a result of the 2022 merger with Discovery, Inc.[20]
Organization
Executive management
Chairman of the board
Vice chairman
Presidents
Chief executive officers
Chief operating officers
- Robert A. Daly (1980–1999)
- Barry Meyer (1999–2013)
- Kevin Tsujihara (2013–2019)
- Ann Sarnoff (2019–2022)
- Edward A. Romano (1994–2016)
- Terry Semel (1994–1999)
- Robert A. Daly (1980–1999)
- Barry Meyer (1999–2013)
- Kevin Tsujihara (2013–2019)
- Ann Sarnoff (2019–2022)
- Terry Semel (1982–1994)
- Barry Meyer (1994–1999)
External links
References
- Matthew Burgos. warner bros. logo gets a thicker, bolder, and sharper look from chermayeff & geismar & haviv Designboom, May 4, 2023, retrieved May 4, 2023^
- 2020 Financial and Operational Trends AT&T, January 27, 2021, retrieved April 27, 2022^
- Company history Warner Bros, retrieved April 9, 2014^
- Dominic Patten, Jen Yamato. Warner Bros Layoffs Long Planned But "Accelerated" By Failed Fox Bid Deadline Hollywood, retrieved September 6, 2014^
- Warner Archive Collection podcast Warnerbros.com, April 8, 2014, retrieved December 17, 2016^
- David Thomson. Warner Bros: The Making of an American Movie Studio Yale University Press, 2017, retrieved August 17, 2023^
- Douglas Gomery, Clara Pafort-Overduin. Movie History: A Survey Routledge, 2011, retrieved March 20, 2023^
- Janet A. Kobrin. Warner Bros. Entertainment Inc. v. The Kaplan Trust: Declaration of Janet A. Kobrin U.S. Patent and Trademark Office, 2007-02-26, retrieved 2026-01-01^
- Japanese partners close Time Warner deal UPI, retrieved 2026-01-02^
- David Willman. Time Warner Completes Deal With Japanese Los Angeles Times, 1992-07-01, retrieved 2026-01-02^
- Time Warner closes U S West deal UPI, retrieved 2026-01-02^
- TIME WARNER COMPANIES INC (Form: 10-Q) Edgar Online, 1996-11-14, retrieved 2026-01-02^
- Time Warner Inc.: Annual report for the fiscal year ended December 31, 2003 (Form 10-K) U.S. Securities and Exchange Commission, retrieved 2026-01-02^
- Cox, Dan. Castle Rock near split-rights deal Variety, December 7, 1997^
- EX-21 SUBSIDIARIES OF THE REGISTRANT www.sec.gov, retrieved 2026-01-02^
- Dial 'D' for disaster: The fall of New Line Cinema The Independent, April 16, 2008^
- Lauren Feiner. WarnerMedia reorganizes its leadership team after AT&T acquisition CNBC, March 4, 2019, retrieved March 4, 2019^
- Michael Schneider. What the End of the Turner Brand Could Mean for Its Channels Variety, March 12, 2019, retrieved April 23, 2019^
- Cynthia Littleton. Warner Bros. Wants to Rev Up Kid's Content With Looney Tunes, Hanna-Barbera Variety, March 4, 2019, retrieved March 4, 2019^
- Michael Schneider. Warner Bros. TV Group Lays Off 82 Staffers, Consolidates Some Unscripted and Animation Departments in Belt-Tightening Restructure Variety, 2022-10-12, retrieved 2022-10-12^