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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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AMC Raises $230 Million From Equity Sales For Acquisitions, Investments; Discussions Underway With Arclight and Pacific Landlords

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Naman Ramachandran Leading cinema chain AMC is raising $230.5 million to purchase additional cinema leases and grow the consumer appeal of its existing properties.AMC Entertainment Holdings, Inc.

revealed on Tuesday that it is raising the funds through the sale of equity to Mudrick Capital Management, L.P. in exchange for 8.5 million shares of AMC’s Class A Common stock.

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