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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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Source Explains Why The CW Cancelled 10 Shows This Season

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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.

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