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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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BT Sport and Eurosport U.K. to Merge Under New Warner Bros. Discovery, BT Group Joint Venture

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variety.com

K.J. Yossman Warner Bros. Discovery and BT Group have formed a joint venture combining the assets of BT Sport and Eurosport U.K.

into an as-yet-untitled joint venture. Both WBD and BT hold a 50% stake each in the new venture and are equally represented on the board.

The chair will be rotated between the companies, with the inaugural post held by BT, who have appointed Marc Allera, CEO of BT’s consumer division.

Warner Bros. Discovery Sports Europe president and managing director Andrew Georgiou is also on the board and will lead the business.

Read more on variety.com
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