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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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Hollywood, Theater Owners Sound Off on Warner Bros.’ Bold HBO Max Move: ‘They’re Playing With Fire’

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variety.com

HBO Max.In the moments leading up to the announcement, which will make the likes of “Matrix 4,” “Dune,” Lin-Manuel Miranda’s “In the Heights” and “The Suicide Squad” available for free to HBO Max subscribers for 31 days on the same day they release in theaters, film journalists started softening up the ground on Twitter.

They promised an extinction-level event, the kind audiences typically find in the blockbusters cooked up by the Burbank-based Warner Bros.

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