eloping programming specifically tailored for local audiences through its global network of production companies. Warner Bros. is also focusing on adapting international local programming into formats that can be produced by its local production companies in additional territories, including the U.S. For example, The Bachelor (a format owned by Warner Bros. that originated in the U.S.) is being adapted and produced in multiple international territories, including Australia, Finland, Germany, New Zealand, Sweden and Switzerland. Television Business Revenues The revenues generated by Warner Bros.’ television business consist of fees for the initial broadcast of Warner Bros.’ television programming on U.S. broadcast and cable television networks and premium pay television and SVOD and other OTT services; fees for the airing or other distribution of its television programming after its initial broadcast in secondary U.S. distribution channels (such as basic cable networks, local television stations and SVOD and other OTT services); fees for the international distribution of Warner Bros.’ television programming for free-to-air television, basic tier television ;services, premium pay television services and SVOD and other OTT services, including FVOD services, and revenues from the sale of the television programming of Warner Bros. and other companies in physical and digital formats. Warner Bros.’ television programming also supports Warner Bros.’ key franchises, which helps generate consumer product revenues based on the programming for years beyond the initial airing of the programming on television. Feature Films Warner Bros. is a film business and produces feature films under its Warner Bros. and New Line Cinema banners. Warner Bros. also enters into arrangements with others to co-produce and co-finance feature films. Warner Bros. produces and distributes a various films, and it is focused on expanding its film slate, built around its strongest franchises with global appeal. In 2015, Warner Bros. widely released American Sniper. During 2015, Warner Bros. released 24 original feature films for distribution in the U.S., including Black Mass, Creed, Mad Max: Fury Road, Get Hard, Magic Mike XXL, Point Break and San Andreas. Of the films released during 2015, six were released in 3D format, including Point Break and San Andreas, and eight were formatted for viewing on IMAX screens, including Mad Max: Fury Road. In February 2016, Warner Bros. released How to Be Single. Warner Bros. plans to release an additional 19 films during 2016, including two films based on DC Entertainment’s universe of characters (Batman v Superman: Dawn of Justice and Suicide Squad) and a film set in the world of Harry Potter (Fantastic Beasts and Where to Find Them). Internationally, Warner Bros. produces and distributes both English language and local language films for theatrical exhibition in more than 125 territories outside the U.S. Warner Bros. uses both day and date and a staggered release schedule for its international releases. In 2015, Warner Bros. released internationally 22 English-language films and 24 local-language films that it either produced itself or acquired from other companies. In September 2015, Warner Bros. announced it had entered into a joint venture with China Media Capital to develop and produce a slate of Chinese-language films, including event films, for distribution in China and elsewhere around the world. After the theatrical exhibition of its feature films, Warner Bros. releases them both domestically and internationally for distribution in various time periods through varuiys distribution channels, including retail stores, online and digital retailers; premium pay television services; broadcast and basic cable networks; SVOD and other OTT services and other exhibitors such as airlines and hotels. Feature films are released for sale through physical and digital formats and for rental via transactional VOD beginning approximately three to six months after their release in theaters. Warner Bros. licenses the feature films for domestic and international distribution to premium pay television services
time warner inc (TWX:New York)
One Time Warner Center
New York, NY 10019
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