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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.
Warner Bros. also began to tentatively embrace the burgeoning new wave movement in the late 1970s, signing cult bands Devo and the B-52s. A crucial acquisition in this field—and one which would soon prove to be of enormous importance to the company—was the New York-based Sire Records, founded in 1966 by Seymour Stein and Richard Gottehrer.
Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City.It was formed from WarnerMedia's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022.
Warner Music Group Corp., [6] commonly abbreviated as WMG, is an American multinational entertainment and record label conglomerate headquartered in New York City.It is one of the "big three" recording companies and the third-largest in the global music industry, after Universal Music Group (UMG) and Sony Music Group (SMG).
It was founded by J. Stuart Blackton and Albert E. Smith in 1897 in Brooklyn, New York, as the American Vitagraph Company. By 1907, it was the most prolific American film production company, producing many famous silent films. [1] It was bought by Warner Bros. in 1925.
In 1947, Harry also tried to move Warner Bros. headquarters from the longtime New York building to the Burbank area, but was unsuccessful. [113] By the end of 1947, the studio had a record net profit of $22,000,000.00, [114] although the following year, the studio profits would decrease by 50%. [114]
From "La La Land" to "Friends" the back lot of the Warner Brothers studios has been home to hundreds of Hollywood shows and movies.
In January 2014, Time Warner, Related Companies, and Oxford Properties Group announced that the then Time Warner intended to relocate the company's corporate headquarters and its New York City-based employees to 30 Hudson Yards in the Hudson Yards neighborhood in Chelsea, Manhattan, and has accordingly made an initial financial commitment. [81]