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September 04, 2015 12:59 AM ET

Media

Company Overview of Warner Bros. Entertainment Inc.

Company Overview

Warner Bros. Entertainment Inc., an entertainment company, engages in the creation, production, distribution, licensing, and marketing of various forms of entertainment and their related businesses. The company specializes in various entertainment activities, including feature films, television and home entertainment production and distribution, DVD and Blu-ray, animation, digital distribution, comic books, video games, product and brand licensing, interactive entertainment, international cinemas, and broadcasting. It produces television animation for broadcast, cable, pay, and digital marketplaces; works across various platforms and outlets through transactional and ad-supported video-on-de...

4000 Warner Boulevard

Building 168

Burbank, CA 91522

United States

Founded in 1923

Phone:

818-954-6000

Fax:

212-954-7667

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. Entertainment Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Warner Bros. Entertainment Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $3,298 million against $2,870 million a year ago. Operating income was $341 million against $234 million a year ago. Adjusted operating income was $344 million against $236 million a year ago. For the six months, the company reported revenues of $6,497 million against $5,936 million a year ago. Operating income was $665 million against $603 million a year ago. Adjusted operating income was $674 million against $616 million a year ago.

Warner Bros Announces Executive Changes

Warner Bros. worldwide marketing and international distribution chief Sue Kroll will take over domestic oversight duties when the studio's veteran distribution chief Dan Fellman exits at the end of 2015. Kroll will become president of worldwide distribution, adding North America to her portfolio. International distribution chief Veronika Kwan Vandenberg will take over Fellman's day-to-day responsibilities, continuing to report to Kroll. Her title will be president of domestic and international distribution. The moves consolidate the studio's domestic and international film distribution into a global function and were announced by Kevin Tsujihara, Chairman and CEO, Warner Bros., to whom Kroll will report.

Sky Faces European Commission Competition Objections over Geoblocking

The European Commission has accused Sky and major US studios of anti-competitive behaviour for blocking access to Sky services in the rest of Europe. The EC sent a statement of objections to Sky and the studios Disney, NBCUniversal, Paramount Pictures, Sony, Twentieth Century Fox and Warner Bros, outlining its concerns about clauses in their content licensing deals that prohibit EU consumers located elsewhere to access, via satellite or online, Sky's pay-TV services available in the UK and Ireland. The case represents a clear test of the EC's plans to end so-called geoblocking, where content is limited to specific countries, and reform EU copyright law to allow for cross-border, multi-country distribution of audio and video content. Sky and the studios will have the chance to respond to the EC's allegations before the Commission decides to bring formal charges of competition violations.

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