Time Warner Inc. is a major media and entertainment conglomerate headquartered in New York City. It owns Warner Bros. Entertainment, one of the largest motion picture studios. Warner Bros. was founded in the early 20th century by four brothers and has grown to include divisions such as home media, digital distribution, and interactive entertainment. The company spends over $30 million on average to market each movie through various campaigns including trailers, advertisements, websites, and viral videos.