Warner Bros. Entertainment, a subsidiary of Warner Bros. Discovery, is a multinational film and entertainment company headquartered in Burbank, California. Founded on April 4, 1923, by brothers Harry, Albert, Sam, and Jack Warner, it evolved from Warner Features Company. Initially a leader in the American film industry, Warner Bros. expanded into animation, television, and video games.
The company's operations are divided into three segments: Studios, Networks, and Direct-to-Consumer (DTC). The Studios segment produces and releases feature films and television programs, including franchises like the DC Universe and Harry Potter. The Networks segment includes domestic and international television channels, while the DTC segment focuses on streaming services. Key people include Michael De Luca and Pamela Abdy, co-chairpersons and CEOs of Warner Bros. Motion Picture Group, and Channing Dungey, chairwoman and CEO of Warner Bros. Television Group. Dungey also leads the U.S. Networks business. Recent news includes Warner Bros. Discovery preparing for the Winter Olympics with new studios and the upcoming launch of HBO Max in the UK and Ireland in March 2026. In December 2024, Warner Bros. Discovery announced a new leadership structure for its U.S. Networks business, with Channing Dungey taking over from Kathleen Finch. In January 2026, Netflix made an offer to acquire Warner Bros. Discovery's Streaming and Studios division.
