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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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‘Tenet’ Will Not Move From Theatrical Release to HBO Max Debut, AT&T CEO Says

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thewrap.com

Also Read: AT&T Tops Tempered Q2 Earnings Expectations but Misses on Revenue as Warner Bros, Turner Feel COVID Impact“I think I said last quarter that I fully expected coming out of COVID that I would be surprised if the industry as a whole didn’t see some adjustment in the theatrical construct,” the AT&T CEO said. “And I also made the point that, look, I think theatrical still has an absolute important role moving forward.

There is just some content that is going to be more enjoyable and better to see in theaters than in the living room. And we fully believe that and we want to work with our theatrical partners and exhibitors to try get through this very difficult period.”He added: “However, I don’t know when theaters are going to open,.

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