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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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ITV Returns to Ad Growth, Studio Profit Falls in 2020, Global Streaming Subs Exceed 2.6M

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hollywoodreporter.com

U.K. TV giant ITV reported an 11 percent drop in advertising revenue for 2020 due to the coronavirus pandemic on Tuesday, but said it made good on its forecast of returning to a slight advertising improvement in the fourth quarter, compared with the year-ago period.

Fourth-quarter ad revenue rose 3 percent.Meanwhile, its ITV Studios unit posted a profit decline for the full year 2020. And the companysaid its BritBox streaming joint venture with the BBC reachedhalf a million U.K.subscribers in January and has hit more than 2.6 million global subscribers overall.

Read more on hollywoodreporter.com
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