Celebs in News
Warner Bros
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).
Related Rumors
Warner Bros Netflix show Platform Warner Bros Netflix

Source Explains Why The CW Cancelled 10 Shows This Season

Reading now: 293
justjared.com

Just this week, there were seven cancellations at The CW, bringing the network to a whopping 10 cancelled shows for the 2021-22 season.

A source is opening up why the network cancelled so many shows this year after previously cancelling so few shows. Click inside to read more… THR explained that in past years, The CW’s parent companies Warner Bros.

Television and CBS Studios relied on streaming deals and international sales to off-set the losses at the network. Netflix previously paid $1 billion for the streaming rights to the network’s shows for an eight-year period.

When the Netflix deal ended in 2019, Warners and CBS Studios decided to boosted their streaming platforms HBO Max and Paramount+ with the library. “Foreign sales, too, have dried up; those rights need to stay in-house as both platforms continue their global expansion in a bid to compete with Netflix et al.

Read more on justjared.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA