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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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Warner Bros. Discovery Urges British Government To Consider Scrapping “Outdated” Exhibition Periods Law

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deadline.com

Warner Bros. Discovery has said British laws that restrict the period distributors can require exhibitors to screen their films may now be “outdated,” and it is time for the UK government to consider repealing the legislation.

The longtime Exhibition Periods law, codified in 1996, limits the period a distributor may require an exhibitor to show a film in the first six weeks of theatrical release to a maximum of two weeks.

Warner Bros. said that “given the move to digital exhibition and additional flexibility exhibitors have to show screenings,” the Periods law may no longer hold relevance, and scrapping the law may open up new sources of revenue for distributors.

Warner Bros. made the comments in a written submission to the UK Parliament’s influential Culture, Media, and Sport Committee, which is holding an inquiry on high-end film and TV.

Read more on deadline.com
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