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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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Will Smith and Warner Bros Settle ‘King Richard’ Lawsuit Over Breach of Contract
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thewrap.com
thewrap.comAlso Read: Apple to Produce Will Smith and Antoine Fuqua Runaway Slave Story 'Emancipation'TW3 Entertainment argued in the complaint that it purchased the motion picture rights to any film based on Williams’ 2014 memoir “Black and White: The Way I See It.” The plaintiffs then said they were “shocked and outraged” to learn that Star Thrower and Warner Bros.
agreed to produce a film based on Williams’ book and that TW3 was free to “produce some other type of media (such as a mini-series).”TW3 Entertainment said in the suit that it’s their belief that Warner Bros., Overbrook and Star Thrower paid at least $1 million for the rights to produce “King Richard” and contend that they would have been entitled to all sums.“King Richard” will be.
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