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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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Amazon Commitment To 8-10 Films Annually: What This Means

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deadline.com

Exhibition stocks were up today on news from Bloomberg that Amazon is going to commit a reported $1 billion to theatrical releases annually.

We hear that such a plan is truly early days –read Amazon doesn’t have an executive yet to lead MGM theatrical. Capisce? Since Amazon bought MGM they’ve been trying to figure out how to put the genie back in the bottle: Amazon committed heavily to theatrical with reported box office numbers and wide releases during the Jason Ropell-Bob Berney-Ted Hope administration; sometimes releasing pics through distribution partners like Lionsgate, STX, Roadside Attractions and Bleecker Street before bringing it in-house under IFC day-and-date distribution czar Mark Boxer.

When Jen Salke took charge of the studio, she pivoted to a Netflix- like theatrical-streaming model with limited theatrical releases over a shorter or day-and-date window synced with a Prime Video drop.

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