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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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Pinewood, Warner, Sky Sound Alarm Over “Studio Tax” Threat To UK Status As Hollywood Rival
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deadline.com
deadline.comEXCLUSIVE: Pinewood, Warner Bros Discovery (WBD), and Sky have sounded the alarm over a so-called UK film “studio tax” that they argue could torpedo Britain’s status as a rival to Hollywood.
The companies raised concerns about “extreme” business rate hikes for sound stage facilities, arguing that the UK’s competitiveness and the development of new studios could “collapse” unless the government takes action.
Their fears were voiced in written evidence to the Culture, Media and Sport Committee’s inquiry into the health of Britain’s high-end film and TV industry.
Deadline has been following the business rates battle since February and the interventions from studios represents an escalation in tensions over the issue.
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