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Despite spinning off Time Inc. in 2014, the company retained the Time Warner name until 2018, when the company was renamed WarnerMedia after it was acquired by AT&T. [7] On October 22, 2016, AT&T officially announced that they intended on acquiring Time Warner for $85.4 billion (or $108.7 billion when including assumed Time Warner debt ...
Monogram Pictures/Allied Artists Pictures Corporation - sold to Lorimar in 1979; post-August 17, 1946 library currently owned by Warner Bros. Entertainment Interstate Television - founded in early 1950s as the TV arm of Allied Artists, became Allied Artists Television in 1960s and was folded into Lorimar with the rest of AAPC in 1979
Warner Bros. Motion Picture Group consists of the company's filmed entertainment and theatrical entertainment businesses, including Warner Bros. Pictures, New Line Cinema, Warner Bros. Pictures Animation and Castle Rock Entertainment. The division is led by former MGM executives Michael De Luca and Pamela Abdy.
The division was incorporated as Warner Bros. Pictures on March 3, 2003, to diversify film subjects and expand audiences for their film releases. [30] The company became part of the Warner Bros. Pictures Group, which was established in 2008, and Jeff Robinov was appointed the first president of the company. [31]
David Zaslav, president and CEO of Warner Bros. Discovery, sold just over $30 million worth of his stock holdings in the media conglomerate — the first time he’s cashed in shares of the media ...
Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery) in 2003. TV One: 50% joint venture with Radio One, which acquired Comcast's stake in 2015
The company is known for its film studio division, the Warner Bros. Motion Picture Group, which includes Warner Bros. Pictures, New Line Cinema, Warner Bros. Pictures Animation, Castle Rock Entertainment, DC Studios and the Warner Bros. Television Group. Bugs Bunny, a character created for the Looney Tunes series, is the company's official mascot.
In 2024, National Amusements held talks for a potential merger or acquisition of Paramount Global, with Warner Bros. Discovery, Sony Pictures, Apollo Global Management, Edgar Bronfman Jr., Allen Media Group, and Skydance Media all considering acquiring the company. By June 3, Paramount reportedly agreed to merger terms with Skydance.