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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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‘Conjuring 3’ Tops ‘Quiet Place II’ at Box Office With $24 Million Opening

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thewrap.com

This total is slightly above the series-low opening for the eight-film “Conjuring” franchise, which was $20 million for the 2019 spinoff “Annabelle Comes Home.” Produced on a $39 million budget, the horror film is on its way to turning a solid profit for Warner Bros.

Reception for the horror film has been fairly positive with a 61% critics score on Rotten Tomatoes and a B+ on CinemaScore, consistent with “Annabelle Comes Home.” Prior to the weekend, “Conjuring 3” had been projected for a $16-20 million opening, though analysts who spoke to TheWrap said that an opening in the low $20 million range was possible if the stronger-than-expected turnout that appeared on Memorial Day weekend continued to show up for new films.

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