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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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WarnerMedia ‘Pausing All New Business’ in Russia, Jason Kilar Reveals in Memo

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variety.com

Jennifer Maas TV Business WriterWarnerMedia is “pausing all new business in Russia” amid the country’s continued invasion of Ukraine, CEO Jason Kilar announced Wednesday.“I want to share with each of you a number of decisions we have made with regard to WarnerMedia’s business operations in Russia,” Kilar said in a memo to WarnerMedia staff obtained by Variety. “Following the Russian invasion of Ukraine, WarnerMedia is pausing all new business in Russia.

This includes ceasing broadcast of our channels, halting all new content licensing with Russian entities and pausing our planned theatrical and games releases.”Along with already suspending CNN broadcasts in Russia, WarnerMedia’s Warner Bros.

previously halted its plans to release “The Batman” in Russia ahead of its planned theatrical release. Kilar added: “We are following this situation closely and future business decisions will be made with that context in mind.

Our thoughts in this moment are with the people of Ukraine.”Kilar’s announcement comes just hours after Discovery, Inc., which is set to soon close its acquisition of WarnerMedia from AT&T, suspended all operations in Russia amid the country’s war on Ukraine.

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