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Warner Bros
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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AT&T Tops Earnings Estimates in ‘Godzilla vs Kong’ and NCAA March Madness Quarter
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thewrap.com
thewrap.comAT&T posted its first-quarter 2021 earnings on Thursday, revealing WarnerMedia’s streaming subscription revenue had risen 35% year over year.Wall Street had forecast earnings per share (EPS) of 78 cents on $42.69 billion in revenue, according to a consensus estimate compiled by Yahoo Finance.
AT&T reported EPS of 84 cents on $43.9 billion in revenue.AT&T is the parent company to WarnerMedia, which includes Warner Bros., HBO, HBO Max, TBS, TNT, TruTV and CNN among its individual brands.“We continued to excel in growing customer relationships in our market focus areas of mobility, fiber and HBO Max,” said John Stankey, AT&T CEO, said in a statement prepared to accompany the financials.
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