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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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Bill Lawrence Closes Massive New Overall Deal With Warner Bros. TV Group – The Story Behind 9-Figure Pact

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deadline.com

Bill Lawrence, the top comedy showrunner at the moment amid the enormous critical and commercial success of Ted Lasso, is staying put at Warner Bros.

TV Group through 2028. After lengthy negotiations, Emmy winner Lawrence, who had a little time left on his current overall pact at the studio, has closed a blockbuster new five-year deal for his Doozer production company, I have learned.

Noone is commenting but sources value the pact at more than $100 million, catapulting Lawrence in the very top tear of TV showrunners.Like other overall agreements of that caliber in the era of Peak TV, the path to this one was not straight-forward, with some sources I spoke to calling it a wild ride.

I hear Warner Bros. originally balked at Lawrence’s financial ask. Because he is still under an overall arrangement at the studio, the Scrubs creator could not go on the open market and officially test the waters.But I hear Lawrence’s top platform collaborator, Apple TV+, where he has three series, including Ted Lasso, indicated that they were ready to step up and sign him on the Apple Studios talent roster.

Read more on deadline.com
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