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July 03, 2015 5:02 AM ET


Company Overview of Warner Bros. Entertainment Inc.

Company Overview

Warner Bros. Entertainment Inc. creates, produces, markets, distributes, and licenses various forms of entertainment and their related businesses across various media and platforms in the United States and internationally. The company specializes in various entertainment activities, including feature films, television, home entertainment/DVD, animation, product and brand licensing, interactive entertainment, comic books, digital distribution, video games, international cinemas, and broadcasting. It also develops and produces musicals and other stage productions for the studio; and operates an online store. The company was founded in 1923 and is based in Burbank, California with a network of ...

4000 Warner Boulevard

Building 168

Burbank, CA 91522

United States

Founded in 1923





Key Executives for Warner Bros. Entertainment Inc.

Chairman and Chief Executive Officer
Age: 50
Chief Financial Officer and Executive Vice President
Executive Vice President of Operations and Planning
President of DC Entertainment, President of Warner Bros Interactive Entertainment (WBIE) and Chief Content Officer of Warner Bros Interactive Entertainment (WBIE)
President of Warner Bros. Television Group and Chief Content Officer of Warner Bros Television Group
Compensation as of Fiscal Year 2015.

Warner Bros. Entertainment Inc. Key Developments

Warner Bros. Interactive Entertainment, TT Games, the LEGO Group and Universal Partnerships & Licensing Announces LEGO Jurassic World

Warner Bros. Interactive Entertainment, TT Games, the LEGO Group and Universal Partnerships & Licensing announced that LEGO Jurassic World is now available in North America for the PlayStation 4 and PlayStation 3 computer entertainment systems, PlayStation Vita handheld entertainment system, Xbox One all-in-one games and entertainment system, the Xbox 360 games and entertainment system from Microsoft, the Wii U system from Nintendo, Nintendo 3DS hand-held system and Windows PC. Also launching is the Jurassic World DLC Pack, giving players access to six new characters, two new vehicles, the JURASSIC Response Unit and the JURASSIC WORLD Shuttle and more. The Jurassic World DLC Pack is available for purchase at local and digital retailers for $1.99. Experience even more within LEGO Jurassic Worldwith the Jurassic Park Trilogy Pack #1, which grants access to three characters and one vehicle: Dino Handler, Eric Kirby and Paul Kirby and the Animal Control Vehicle, available for purchase for $0.99. Players can also purchase the Jurassic Park Trilogy Pack #2 for $0.99, which provides access to three characters and one vehicle: Jurassic Park Helicopter Pilot, Lex and Tim Murphy and Iain Malcolm’s San Diego Cruiser.

The American Federation of Musicians of the United States and Canada Sues Columbia Pictures, Paramount Pictures, Twentieth Century Fox, Universal City Studios, Walt Disney Pictures and Warner Brothers Entertainment for Reusing Soundtracks in Movies

The American Federation of Musicians of the United States and Canada (AFM) is suing six major studios for reusing film soundtrack clips in other films and television programs without appropriately compensating musicians. The studios named in the lawsuit are: Columbia Pictures, Paramount Pictures, Twentieth Century Fox, Universal City Studios, Walt Disney Pictures and Warner Brothers Entertainment. The studios have been pulled up for reusing previously recorded film soundtracks in violation of AFM's collective bargaining agreement with the studios. The lawsuit cites numerous examples of the studios reusing film scores without paying musicians including: Columbia using music from Karate Kid in an episode of the television series Happy Endings; Disney using music from Beauty and the Beast and The Muppet Movie in the television series The Neighbors; Fox using music from Titanic in the film This Means War; Paramount using music from Up in the Air in the film Follow Me: The Yoni Netanyahu Story; Universal using music from Bourne Identity in the television series The Office; and Warner Brothers using music from Battle for the Planet of the Apes in the film Argo. The AFM is seeking award damages for all losses, including prejudgment interest.

Warner Bros. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Warner Bros. announced unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s revenues increased 4% ($133 million) to $3.2 billion, reflecting higher television licensing revenues primarily due to the subscription video-on-demand sale of Friends and higher revenues from videogames. Revenues also benefited from growth in theatrical revenues led by the strong performance of American Sniper. The increase was partially offset by the effect of foreign currency exchange rates. Adjusted operating income declined 13% ($50 million) to $330 million, as higher revenues were more than offset by higher film and advertising costs due to the mix of theatrical releases and videogame product. Operating Income decreased 12% ($45 million) to $324 million.

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