Warner Bros. is one of the largest movie studios in the world, founded in 1918 and now part of the Time Warner media conglomerate. It has an estimated $11.7 billion in annual revenue and has produced popular franchises like Harry Potter, Ocean's trilogy, and Terminator. New Line Cinema is a subsidiary of Warner Bros founded in 1967, and is known for horror movies like Texas Chainsaw Massacre, Nightmare on Elm Street, and Freddy vs. Jason.