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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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KT Invests in Production as Netflix Stretches Streaming Lead in Korea

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variety.com

Patrick Frater Asia Bureau ChiefKorea Telecom has unveiled plans to inject $150 million into its media unit allowing it to expand its content production capacity.

The move comes at a time when already high competition for Korean content is set to intensify further.KT said that it will buy new shares in KT studio Genie, the unit formed earlier this year to house all its media activities.

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