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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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‘TCM Underground’ Label Fading Out For Good, Two Months After Related Staff Cutback – Update

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deadline.com

UPDATED with TCM statement. Warner Bros Discovery’s TCM is officially discontinuing its Underground sub-brand, two months after laying off programmer Millie De Chirico.

TCM’s official Twitter handle confirmed the news on Wednesday, which riled up cinephiles on the social platform. The final titles carrying the Underground label will air on Friday. “Classic cult favorites and hard-to-find films will always be in our DNA, and we will continue to find ways to showcase them,” the company said in a statement.

No further staff reductions will result from the official end of the banner, a rep confirmed to Deadline. WBD, which reports its quarterly earnings Thursday afternoon, has been on a quest to deliver $3.5 billion in cost savings following the April 2022 merger of WarnerMedia and Discovery. PREVIOUSLY: “Well, it’s been a great 18 1/2 years, but my job was cut in a company restructure recently which means tomorrow is my last day at TCM,” TCM Underground programmer Millie De Chirico announced today which, of course, is three days before Christmas.

TCM is part of Warner Bros. Discovery, which has been laying people off in droves recently. CNN announced significant layoffs late last month that saw prominent faces such as Chris Clizza and Martin Savidge depart.

Read more on deadline.com
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