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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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SAG-AFTRA Talks: CEOs Offer Improved Deal Terms But Still No Cut of Streaming Revenue

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Gene Maddaus Senior Media Writer The CEOs of four major entertainment companies offered SAG-AFTRA on Tuesday an improved bonus for the most-watched streaming shows, as well as higher increases in minimum rates.

But the studios are still not offering a cut of total streaming revenue, which the actors union has made the centerpiece of its demands to end its 104-day strike.

SAG-AFTRA is expected to deliver its response to the studios’ latest proposal today. Though the two sides continue to negotiate, there remains frustration on both sides that more progress has not been made.

The four CEOs — Bob Iger of Disney, Donna Langley of NBCUniversal, Ted Sarandos of Netflix, and David Zaslav of Warner Bros.

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