Warner Bros. is a film and television studio founded in 1923. It has been operating for 92 years and is owned by Time Warner. Warner Bros. produces films with budgets ranging from $4 million to $250 million, such as Mad Max: Fury Road and The Dark Knight Rises. Some of their most expensive films to produce were Man of Steel at $225 million and Harry Potter and the Deathly Hallows Part 2 at $125 million. However, these films generated substantial box office revenues, with The Dark Knight Rises grossing over $1 billion worldwide. Warner Bros. releases around 20 films per year across many genres.