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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’s Production Company Reaches Settlement Over Film Based On Serena and Venus Williams’ Father

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etcanada.cometcanada.com:

Will Smith’s production company, Overbrook Entertainment, and Warner Bros. have reached a settlement after being sued over their upcoming biopic, “King Richard”, based on Serena and Venus Williams’ father, Richard Williams.

In court docs obtained by ET, Warner Bros., Overbrook, Williams and his son and business partner Chavoita Lesane, and production company Star Thrower Entertainment (as well as its executives Timothy and Trevor White) “have entered into a settlement” with TW3 Entertainment and Power Move Multi Media, who are “dismissing their claims against defendants with prejudice.” The two parties, however, ask the court to retain “jurisdiction over the Parties to enforce the payment term in the settlement.” ET has reached out to Smith

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