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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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ViacomCBS To Sell Simon & Schuster To Bertelsmann’s Random House For Close To $2.2 Billion In Cash
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deadline.com
deadline.comViacomCBS announced Wednesday it will sell the storied Simon & Schuster publisher to Random House for $2.175 billion in cash, a major infusion of funds as the Bob-Bakish run media company makes good on its promise to unload non-core assets.ViacomCBS in a statement called the transaction “the outcome of a highly competitive auction that attracted interest from buyers around the world, reflecting Simon & Schuster’s position as a global publisher with some of the world’s best known books.”The deal is expected to close in 2021.MORELaunch dates for broadcast, cable and streaming programsUp-to-date lists for broadcast, cable and streaming seriesPandemic-proof vs.
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