Warner Bros. is a major film, television, and publishing company that is part of the larger Time Warner media conglomerate. It was founded in 1923 and is headquartered in Burbank, California. Warner Bros. subsidiaries include New Line Cinema, HBO, Cartoon Network, DC Comics, and Warner Bros. Pictures. It produces around 18-22 films per year and over 50 television shows. Warner Bros. has a large film and TV library and is a leader in home entertainment and digital distribution. It incorporates DC Comics characters into films and other media through its DC Entertainment division.

1. INSTITUTION RESEARCH –
WARNER BROTHERS
Time Warner Inc. (formerly AOL Time Warner, stylized as TimeWarner) is an
American multinational media corporation headquartered in the Time Warner
Center in New York City. As of mid-2010, it was the world’s second largest media
and entertainment conglomerate in terms of revenue (behind The Walt Disney
Company), as well as the world’s largest media conglomerate.
 CEO: Kevin Tsujihara
• Headquarters: Burbank, CA, United States of America
• Founded: April 4, 1923, Hollywood, Los Angeles, California, United States
• Awards: Academy Award for Best Picture & More
• Founders: Sam Warner, Albert Warner, Harry Warner, Jack Warner
• Nominations: Academy Award for Best Live Action Short Film, Academy
Award for Animated Short Film, Academy Award for Visual Effects, Academy
Award for Sound Mixing, Satellite Award for Best Film – Musical or Comedy,
Razzie Award for Worst Comedy of Our First 25 Years, Academy Award for Best
Short Subject, Comedy, Academy Award for Best Short Subject, One-reel, Teen
Choice Award for Film – Choice Movie: Action Adventure, Satellite Award for
Best Animated or Mixed Media Feature, Razzie Award for Most Flatulent Teen-
Targeted Movie
Two formerly separate companies, Warner Communications Inc. and Time
Inc. (along with the assets of a third company, Turner Broadcasting System Inc.),
form the current Time Warner, with major operations in film, television, and
publishing.
Among its subsidiaries are:
 New Line Cinema
 Time Inc.

2.  HBO
 Turner Broadcasting System
 The CW Television Network
 TheWB.com
 Warner Bros.
 Kids’ WB
 Cartoon Network
 Boomerang
 Adult Swim
 CNN
 DC Comics
 Warner Bros. Animation
 Cartoon Network Studios
 Hanna-Barbera

3.  Castle Rock Entertainment
Divisions:
Time Warner previously owned AOL, Time Warner Cable, and Warner Music
Group, but these have all been spun off into independent companies. In March
2013, it was announced that Time Inc. would be spun off as well, completing
Time Warner’s evolution into a pure-play global entertainment company. The
company’s cable news channel, CNN, later clarified that the Time Inc. spin-off
would happen at the end of 2013, though this has since been delayed to early
2014. It was being reported that the planned spin-off of Time Inc. from Time
Warner will take place half-way through 2014 with the company’s planned IPO
being rumored to happen in late 2014.
HBO
In 2012 HBO was the #1 premium pay television service in primetime television
and total day ratings. In 2013 the network received five Golden Globe as well as
23 primetime Emmy Awards in 2013.
HBO’s programming includes the airing of feature films, HBO Documentary
Films, HBO original films, and HBO original programming, including original
series like Game of Thrones and the Sopranos, HBO Sports (live HBO Boxing
events). The network has developed content distribution platforms, like HBO GO
and Max GO to help support and deliver programming to users via online and
mobile devices. HBO and Cinemax are currently available in over 70 countries
around the world and HBO programming is licensed to other television networks
in over 150 countries.
HBO’s original programming includes Game of Thrones, True Blood, Boardwalk
Empire, Entourage, Girls and VEEP, as well as motion pictures, mini-series,

4. boxing matches and sports programs, comedy specials, family programming and
documentaries. In 2011, Cinemax launched its first original primetime series,
Strike Back, and has subsequently launched the original primetime series,
Hunted and Banshee.
Turner Broadcasting System, Inc.
Turner Broadcasting System, Inc. (Turner) operates international news,
entertainment, animation, young adult and kids media networks as well as
related businesses. Turner brands include CNN, HLN, TNT, TBS, The Legal Talk
Network,Cartoon Network,Turner Classic Movies, truTV, Turner Sports, The
Legal Forum Radio Show, Atlanta Medical Journal and more. Turner’s brands
and sub brands reach broad domestic and international audiences. In addition to
television network programming, Turner manages digital sports entities, including
bleacherreport.com NBA.com, PGA.com and NCAA.com. Turner’s TBS channel
reaches large audiences in the 18- to 34-year-old bracket and its news
network, CNN, provides a 24-hour news network that delivers news and analysis
to domestic and international audiences across multiple platforms. Turner
Sports produces sports programming and content for the Turner Networks and
related digital properties. Turner Sports’ television line-up includes NBA and MLB

5. games, the NCAA Tournament Games, NASCAR races and professional golf
tournaments. Turner operates PGA.com and related digital properties of the PGA
under agreements with the PGA. Turner and the NBAjointly manage a portfolio
of the NBA’s digital businesses, including NBA TV, NBA.com, NBA League Pass,
NBA Mobile and the NBA GameTime app.
Warner Bros.
Warner Bros. businesses range from feature film and TV to home entertainment
production and worldwide distribution to home video, digital distribution,
animation, comic books, licensing and international cinemas and broadcasting. In
2012 the Warner Bros. Pictures Group grossed 4.3 billion dollars at the worldwide
box office. Home Video is the industry leader with a 21% market share in total
DVD and Blu-ray sales.
Warner Bros Home Entertainment works across platforms and outlets in the
digital realm with video-on-demand, branded channels, original content, anti-
piracy technology and broadband & wireless destinations. Each year Warner
Bros Pictures produces between 18 and 22 films. Warner Bros has produced
more than 50 television series in the 2012-2013 television season. Warner Bros
has also incorporated DC Comics content into Warner Bros. Entertainment via
the creation of the DC Entertainment division, which was founded in 2009. DC
Entertainment, which is wholly owned by the Company, is responsible for
bringing the stories and characters from the DC Comics, Vertigo and MAD
Magazine publishing portfolios into other Warner Bros. content and distribution

6. businesses, including feature films, television programming, videogames, direct-
to-consumer platforms and consumer products. The DC Comics imprint, home to
such iconic characters as Batman, Superman, Wonder Woman and Green
Lantern, has launched digital versions of its top comic book and graphic novel
titles, making them available for download on digital platforms.
Time Inc.

7. TIME Inc. is one of the largest branded media companies in the world. The
company holds a portfolio of 96 titles, which include some of the world’s most
popular magazines. Each month the TIME Inc. brands have a distribution of more
than 138 million US customers via print, online and mobile devices. Popular
TIME Inc. brands include TIME,PEOPLE, Sports Illustrated, InStyle, Real
Simple and more. It is estimated that digitally TIME Inc. brands reach
approximately 40 million users internationally each month, making it one of the
top 20 largest media companies online. 21 of the TIME Inc. brands have been
launched in tablet version. TIME Inc. brands have received numerous awards
and honors throughout the years. In 2012, TIME was named “Magazine of the
Year” at the American Society of Magazine Editors’ annual National Magazine
Awards. Other honors include TIME winning Photographer of the Year by
Pictures of the Year International and the World Press Photo Award for Spot
News in 2011 and People magazine being acknowledged by the Congressional
Coalition on Adoption Institute for raising awareness of adoption through its
features.
Warner Bros. Entertainment Inc.
Founded: April 4, 1923
WARNER BROS. ENTERTAINMENT INC. is a global leader in all forms of
entertainment and their related businesses across all current and emerging
media and platforms. A Time Warner Company, the fully integrated, broad-based

8. Studio is home to one of the most successful collections of brands in the world
and stands at the forefront of every aspect of the entertainment industry from
feature film, television and home entertainment production and worldwide
distribution to DVD and Blu-ray, digital distribution, animation, comic books, video
games, product and brand licensing, and broadcasting.
Warner Bros. is one of the most creative, flexible, innovative, diverse and global
entertainment companies in business today and one that knows how to seize
opportunities–particularly for growth through new and emerging technologies
while maintaining a leadership position in each area of its established
businesses.
Warner Bros. Studios began when four brothers, Albert, Sam, Harry and Jack L.
Warner, incorporated their fledgling movie company on April 4, 1923. In 1927,
the release of the world’s first synchronized-sound feature film The Jazz Singer
set a character and tone of innovation and influence that would become
synonymous with the name Warner Bros.
Since those early days, Warner Bros. Studios has amassed an impressive legacy
based on world-class quality entertainment and technological foresight while
creating a diversified entertainment company with an unparalleled depth and
breadth. The company’s consistency and success are built on a foundation of
stable management throughout its history, long-term creative relationships with
many of the world’s leading stars and producers and an unwavering dedication to
excellence.
Today, the vast Warner Bros. library, one of the most prestigious and valuable in
the world, consists of more than 61,000 hours of programming, including nearly
6,500 feature films and 3,000 television programs comprised of tens of
thousands of individual episodes.

9. In 2013, the Studio enjoyed record-breaking success across all businesses,
including the most successful theatrical year in company history. Warner Bros.
Pictures grossed an industry-leading $5.038 billion in global box office ($1.893
billion domestic, $3.145 international) to take the number one positions in
domestic, international and worldwide box office. The year marked the first time
the Studio surpassed the $5 billion mark and only the second time that feat has
been achieved by any studio in Hollywood. Both the domestic and international
divisions crossed the billion-dollar mark for the 13th consecutive year, and the
Pictures Group exceeded $4 billion globally for the fifth consecutive year, both
milestones no other studio has ever achieved. For the 13th consecutive year,
Warner Bros. Home Entertainment was, once again, the industry’s leader, with
17.9 percent market share, and was number one in the DVD and Blu-ray,
electronic sell-through, catalog, television and family categories. Warner Bros.
Television Groups’ WBTV, Warner Horizon Television, Telepictures Productions
and Warner Bros. Animation continued to produce television’s most popular and
successful series for the broadcast, cable, pay and digital marketplaces,
producing more than 60 series in the 2013-14 season. WBTVG and Warner
Bros. Home Entertainment continued to be category leaders, working across all
platforms and outlets, and remaining trendsetters in the digital realm with video-
on-demand (transactional and ad-supported), branded channels, original content,
apps, anti-piracy technology and broadband and wireless destinations.

10. Warner Bros. Pictures
Founded: April 4, 1923
WARNER BROS. PICTURES has been at the forefront of the motion picture
industry since its inception and continues to be a leading creative force in the
industry.
Warner Bros. Pictures produces and distributes a wide-ranging slate of some 18-
22 films each year, employing a business paradigm that mitigates risk while
maximizing productivity and capital. Warner Bros. Pictures either fully finances or
co-finances the films it produces and maintains worldwide distribution rights. It
also monetizes its distribution and marketing operations by distributing films that
are totally financed and produced by others. Current multi-faceted co-financing
joint ventures include those with Village Roadshow Pictures, Castle Rock
Entertainment and RatPac-Dune Entertainment. Warner Bros. Pictures also has
a distribution, co-financing deal with Alcon Entertainment.
In 2013, Warner Bros. Pictures enjoyed the most successful theatrical year in
company history, grossing an industry-leading $5.038 billion in global box office
($1.893 billion domestic, $3.145 international) to take the number one positions

11. in domestic, international and worldwide box office. The year marked the first
time the Studio surpassed the $5 billion mark and only the second time that feat
has been achieved by any studio in Hollywood. Both the domestic and
international divisions crossed the billion-dollar mark for the 13th consecutive
year, and the Pictures Group exceeded $4 billion globally for the fifth consecutive
year, both milestones no other studio has ever achieved.
Among the films on Warner Bros. Pictures’ 2014 slate are The LEGO Movie,300:
Rise of an Empire, Edge of Tomorrow, Jupiter Ascending, The Judge, Horrible
Bosses 2 (New Line Cinema) and The Hobbit: The Battle of Five Armies (NLC).
WARNER BROS. PICTURES DOMESTIC DISTRIBUTION is responsible for
setting the release schedule and all exhibition operations to more than 39,000
screens in North America. Through its non-theatrical sales operation, it
distributes to non-theatrical markets including airlines, cruise ships, the Armed
Forces, the Veterans Administration, colleges, hospitals and other smaller
markets.
Sources:
http://hyperopia.meta4.org/hyp/Time%20Warner
http://www.hrexecsonthemove.com/Time_Warner_Company_728
http://www.warnerbros.com/studio/divisions/warner-bros-entertainment-inc
http://en.wikipedia.org/wiki/List_of_Warner_Bros._