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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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Who Owns What? Top Investors Shuffle Their Securities Holdings in the Media and Entertainment Sector

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variety.com

13D and 13G reports. For those outside of the inside-baseball world of corporate finance: Forty-five days out from the end of the year, companies are required to have filed 13D and 13G disclosure forms with the Securities and Exchange Commission.

These reports are required for investors who amass 5% or more of a company’s total stock issue. Starting with this primer on how to monitor big-dollar investment bets, Variety will offer a quarterly survey of how the media and entertainment sector is faring among the world’s most sophisticated stock pickers.

The significance of these annual filings (with a few one-offs required to be filed with the SEC during the calendar year, if a very large stake is acquired) is that they offer a line chart to track the ups and downs and status quo among top securities owners, both for individual corporate giants and for business sectors in general.

The movement capital among institutional holders, giant hedge funds and pools of high-net worth individuals send a strong signal about how much faith there is in a company’s future performance.

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