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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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Paul Greengrass to Direct Adaptation of T.J. Newman Novel ‘Drowning’ For Warner Bros.

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variety.com

Rebecca Rubin Film and Media Reporter Paul Greengrass has been hired to adapt the big-screen version of T.J. Newman’s novel “Drowning: The Rescue of Flight 1421.” Greengrass will write, direct and produce the film, which is set at Warner Bros.

The studio emerged victorious earlier this year in a bidding war, one that drew interest from the likes of Nicole Kidman, Alfonso Cuarón and Steven Spielberg, along with seven-figure offers from Apple and Bruckheimer, Paramount and Damien Chazelle, Legendary and Universal Television.

Warner Bros. Motion Picture Group co-heads Michael De Luca and Pam Abdy prevailed after agreeing to pay $1.5 million for the rights and an additional $1.5 million on the first day of production.

The studio also brought the “Drowning” author on as an executive producer. “Drowning” centers on a plane that crashes into the Pacific Ocean six minutes after takeoff.

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