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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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Why You Can’t Watch Classic NBC Sitcoms ‘Friends’ and ‘Seinfeld’ on NBCU’s Peacock

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thewrap.com

Also Read: Jerry Seinfeld and Larry David Made 9 Figures Each in Huge 'Seinfeld'-to-Netflix Deal“Seinfeld” was owned jointly by Castle Rock Entertainment — which counts Warner Bros.

as its parent company — and the show’s creators Jerry Seinfeld and Larry David. Sony Pictures Television has distribution rights, meaning it’s Sony and David/Seinfeld, rather than Warner Bros., who gets to decide where the show ended up.

It will move from Hulu to Netflix next year in a massive deal worth more than $500 million.Shows like “30 Rock,” “The Office” and “Parks and Recreation” are owned by Universal Television, which gave them a much clearer pathway to Peacock.

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