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|About||Warner Bros. Entertainment, Entertaining the World.|
|Description||Warner Bros. Entertainment is headquartered at the Warner Bros. Studios lot, 142 acres in Burbank, California, which is considered one of the foremost motion picture and television production and post-production facilities in the world and home to 35 soundstages (including one of the world’s tallest stages, which has an in-ground tank capable of holding more than two million gallons of water).|
|Founded||April 4, 1923|
2016 marked the 10th consecutive year Warner Bros. Pictures crossed the $3 billion mark at the global box office with $4.93 billion in worldwide receipts ($1.9 billion domestic, $3.03 billion international). The year was also 16th consecutive frame that both the domestic and international divisions crossed the billion-dollar mark—a milestone no other studio has achieved. For the 16th consecutive year, Warner Bros. Home Entertainment was, once again, the industry’s leader, with 17 percent market share, and was number one in the Total Theatrical Library, Television, Family, Digital and Sell-Through categories. The Warner Bros. Television Group continued to produce television’s most popular and successful series for the broadcast, cable, pay and digital marketplaces. Working across all platforms and outlets, the Studio continued to be a category leader and trendsetter in the digital realm with VOD (transactional and ad-supported), original content, apps, anti-piracy technology and the launch of Warner Bros. Digital Networks, founded in June 2016 to expand Warner Bros.’ OTT footprint by launching new offerings, growing current company-owned services and making strategic alliances.
Warner Bros. Pictures Group, encompassing Warner Bros. Pictures and New Line Cinema, produces and distributes a wide-ranging slate of some 18-22 films each year, employing a business paradigm that mitigates risk while maximizing productivity and capital. Warner Bros. Pictures either fully finances or co-finances the films it produces and maintains worldwide distribution rights. It also monetizes its distribution and marketing operations by distributing films that are totally financed and produced by third parties. Among the films on Warner Bros. Pictures’ 2017 slate are “The LEGO Batman Movie,” “Kong: Skull Island,” “Wonder Woman,” “Dunkirk,” The LEGO Ninjago Movie,” “Justice League” and, from New Line Cinema, “Annabelle: Creation” and “IT.”
Warner Bros. Pictures is also a global lead