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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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As TV Turns To Tax Write-Offs, Top Showrunner Details Betrayal Of Scrapped Shows

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deadline.com

Television has been increasingly taking advantage of tax rules to save money by scrapping shows that have already been completed.

Pioneered by Warner Bros. Discovery, which scrapped series such as the second season of Chad and reality competition The Big D, and followed by AMC Networks, which has axed shows such as Demascus, Invitation to a Bonfire and the second seasons of 61st Street and Pantheon, which were largely completed.

Others such as Netflix, with the second season of animated series Inside Job, have also been reversing renewal decisions, which is a separate, but nonetheless similarly dispiriting trend for creatives.

Carina Adly MacKenzie, creator of Roswell, New Mexico, in a lengthy social media post, addressed why such moves are hurting television writers.

Read more on deadline.com
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