Warner Bros., originally founded as Warner Bros. Pictures on April 4, 1923, by brothers Harry, Albert, Sam, and Jack Warner, has evolved into a diversified multinational mass media and entertainment conglomerate. The company is headquartered in Burbank, California. Warner Bros. is known for its film studio and has expanded into animation, television, and video games. Key divisions include Warner Bros. Pictures Group, Warner Bros. Television Studios, and Warner Bros. Animation.
As of February 2026, Warner Bros. is in a state of potential transition. While a merger agreement with Netflix is in effect, Warner Bros. Discovery is reviewing a revised acquisition proposal from Paramount Skydance. The proposed Netflix deal would see Netflix acquire Warner Bros.' film studio arm and HBO Max, while Warner Bros. spins off its cable channels into a separate Discovery Global company. Paramount Skydance is bidding to acquire all of Warner Bros. Discovery's assets. The leadership team of Warner Bros. includes David Zaslav as President and CEO, and Gunnar Wiedenfels as Chief Financial Officer. Other key executives include Pam Abdy and Mike De Luca as co-chairs and CEOs of Warner Bros. Motion Picture Group, Channing Dungey as chairman and CEO of Warner Bros. Television Group, and James Gunn and Peter Safran as co-chairmen and co-CEOs of DC Studios.