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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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Ann Sarnoff Out at WarnerMedia as Discovery Merger Nears Closing

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variety.com

WarnerMedia studios and networks group chairman and CEO Ann Sarnoff is exiting her post, sources tell Variety.Sarnoff was informed by leadership on Tuesday that her position would be eliminated, one insider said.

The ground is shifting rapidly for executives and other divisions at the media giant as it nears completion of its merger with Discovery.“I want to thank Ann for all of her leadership during a transformational period for the company and our industry.

She has been a passionate and committed steward of the world’s most formidable creative engine and has led with integrity, focus and hard work in bringing WarnerMedia’s businesses, brands and workforce closer together,” said David Zaslav, the incoming CEO of the merged Warner Bros.

Discovery. Sarnoff joined the company in 2019, and counted a massive portfolio of brands under her purview, including the Warner Bros.

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