Warner Bros.

Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified entertainment company headquartered in Burbank, California that is a subsidiary of Warner Entertainment, a division of Warner, Inc.. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).

The company is known for its film studio division, the Warner Bros. Pictures Group, which includes Warner Bros. Pictures, New Line Cinema, the Warner Animation Group, Castle Rock Entertainment, and DC Films. Among its other assets include the television production and syndication company Warner Bros. Television; animation studios Warner Bros. Animation and Cartoon Network Studios; comic book publisher DC Comics; video game development and publishing arm Warner Bros. Interactive; and a 50% interest in The CW television network, which is co-owned with ViacomCBS. Warner Bros. also operates various divisions specializing in publishing, merchandising, music, theater; and theme parks. Bugs Bunny, a cartoon character created as part of the Looney Tunes series, serves as the company's official mascot.

Founding
The company's name originated from the four founding Warner brothers (born Wonskolaser or Wonsal before Anglicization): Harry, Albert, Sam, and Jack Warner. They emigrated as young children with their parents to Canada from Krasnosielc, Poland.

Jack, the youngest, was born in London, Ontario. The three elder brothers began in the movie theater business, having acquired a movie projector with which they showed films in the mining towns of Pennsylvania and Ohio. In the beginning, Sam and Albert Warner invested $150 to present Life of an American Fireman and The Great Train Robbery. They opened their first theater, the Cascade, in New Castle, Pennsylvania, in 1903.

When the original building was in danger of being demolished, the modern Warner Bros. called the current building owners, and arranged to save it. The owners noted people across the country had asked them to protect it for its historical significance.

In 1904, the Warners founded the Pittsburgh-based Duquesne Amusement & Supply Company, to distribute films. In 1912, Harry Warner hired an auditor named Paul Ashley Chase. By the time of World War I they had begun producing films. In 1918 they opened the first Warner Brothers Studio on Sunset Boulevard in Hollywood. Sam and Jack produced the pictures, while Harry and Albert, along with their auditor and now controller Chase, handled finance and distribution in New York City. During World War I their first nationally syndicated film, My Four Years in Germany, based on a popular book by former ambassador James W. Gerard, was released. On April 4, 1923, with help from money loaned to Harry by his banker Motley Flint, they formally incorporated as Warner Brothers Pictures, Incorporated. (As late as the 1960s, Warner Bros. claimed 1905 as its founding date.)



The first important deal was the acquisition of the rights to Avery Hopwood's 1919 Broadway play, The Gold Diggers, from theatrical impresario David Belasco. However, Rin Tin Tin, a dog brought from France after World War I by an American soldier, established their reputation. Rin Tin Tin debuted in the feature Where the North Begins. The movie was so successful that Jack signed the dog to star in more films for $1,000 per week. Rin Tin Tin became the studio's top star. Jack nicknamed him "The Mortgage Lifter" and the success boosted Darryl F. Zanuck's career. Zanuck eventually became a top producer and between 1928 and 1933 served as Jack's right-hand man and executive producer, with responsibilities including day-to-day film production. More success came after Ernst Lubitsch was hired as head director; Harry Rapf left the studio to join Metro-Goldwyn-Mayer. Lubitsch's film The Marriage Circle was the studio's most successful film of 1924, and was on The New York Times best list for that year.

Despite the success of Rin Tin Tin and Lubitsch, Warner's remained a lesser studio. Sam and Jack decided to offer Broadway actor John Barrymore the lead role in Beau Brummel. The film was so successful that Harry signed Barrymore to a long-term contract; like The Marriage Circle, Beau Brummell was named one of the ten best films of the year by the Times. By the end of 1924, Warner Bros. was arguably Hollywood's most successful independent studio, where it competed with "The Big Three" Studios (First National, Paramount Pictures, and MGM). As a result, Harry Warner—while speaking at a convention of 1,500 independent exhibitors in Milwaukee, Wisconsin—was able to convince the filmmakers to spend $500,000 in newspaper advertising, and Harry saw this as an opportunity to establish theaters in cities such as New York and Los Angeles.

As the studio prospered, it gained backing from Wall Street, and in 1924 Goldman Sachs arranged a major loan. With this new money, the Warners bought the pioneer Vitagraph Company which had a nationwide distribution system. In 1925, Warners' also experimented in radio, establishing a successful radio station, KFWB, in Los Angeles.

1925–1935: Sound, color, style
Warner Bros. was a pioneer of films with synchronized sound (then known as "talking pictures" or "talkies"). In 1925, at Sam's urging, Warner's agreed to add this feature to their productions. By February 1926, the studio reported a net loss of $333,413.After a long period denying Sam's request for sound, Harry agreed to change, as long as the studio's use of synchronized sound was for background music purposes only. The Warners signed a contract with the sound engineer company Western Electric and established Vitaphone. In 1926, Vitaphone began making films with music and effects tracks, most notably, in the feature Don Juan starring John Barrymore. The film was silent, but it featured a large number of Vitaphone shorts at the beginning. To hype Don Juan's release, Harry acquired the large Piccadilly Theater in Manhattan, New York City, and renamed it Warners' Theatre.

Don Juan premiered at the Warners' Theatre in New York on August 6, 1926. Throughout the early history of film distribution, theater owners hired orchestras to attend film showings, where they provided soundtracks. Through Vitaphone, Warner Bros. produced eight shorts (which were played at the beginning of every showing of Don Juan across the country) in 1926. Many film production companies questioned the necessity. Don Juan did not recoup its production cost and Lubitsch left for MGM. By April 1927, the Big Five studios (First National, Paramount, MGM, Universal, and Producers Distributing) had ruined Warner's, and Western Electric renewed Warner's Vitaphone contract with terms that allowed other film companies to test sound.

As a result of their financial problems, Warner Bros. took the next step and released The Jazz Singer starring Al Jolson. This movie, which includes little sound dialogue, but did feature sound segments of Jolson singing, was a sensation. It signaled the beginning of the era of "talking pictures" and the twilight of the silent era. However, Sam died the night before the opening, preventing the brothers from attending the premiere. Jack became sole head of production. Sam's death also had a great effect on Jack's emotional state, as Sam was arguably Jack's inspiration and favorite brother. In the years to come, Jack kept the studio under tight control. Firing employees was common. Among those whom Jack fired were Rin Tin Tin (in 1929) and Douglas Fairbanks, Jr. (in 1933), the latter having served as First National's top star since the brothers acquired the studio in 1928.

Thanks to the success of The Jazz Singer, the studio was cash-rich. Jolson's next film for the company, The Singing Fool was also a success. With the success of these first talkies (The Jazz Singer, Lights of New York, The Singing Fool and The Terror), Warner Bros. became a top studio and the brothers were now able to move out from the Poverty Row section of Hollywood, and acquire a much larger studio lot in Burbank. They expanded by acquiring the Stanley Corporation, a major theater chain. This gave them a share in rival First National Pictures, of which Stanley owned one-third. In a bidding war with William Fox, Warner Bros. bought more First National shares on September 13, 1928; Jack also appointed Zanuck as the manager of First National Pictures.In 1928, Warner Bros. released Lights of New York, the first all-talking feature. Due to its success, the movie industry converted entirely to sound almost overnight. By the end of 1929, all the major studios were exclusively making sound films. In 1929, First National Pictures released their first film with Warner Bros., Noah's Ark. Despite its expensive budget, Noah's Ark was profitable. In 1929, Warner Bros. released On with the Show!, the first all-color all-talking feature. This was followed by Gold Diggers of Broadway which would play in theaters until 1939. The success of these pictures caused a color revolution. Warner Bros. color films from 1929 to 1931 included The Show of Shows (1929), Sally (1929), Bright Lights (1930), Golden Dawn (1930), Hold Everything (1930), Song of the Flame (1930), Song of the West (1930), The Life of the Party (1930), Sweet Kitty Bellairs (1930), Under a Texas Moon (1930), Bride of the Regiment (1930), Viennese Nights (1931), Woman Hungry (1931), Kiss Me Again (1931), 50 Million Frenchmen (1931) and Manhattan Parade (1932). In addition to these, scores of features were released with Technicolor sequences, as well as numerous Technicolor Specials short subjects. The majority of these color films were musicals.

In 1929, Warner Bros. bought the St. Louis-based theater chain Skouras Brothers Enterprises. Following this takeover, Spyros Skouras, the driving force of the chain, became general manager of the Warner Brothers Theater Circuit in America. He worked successfully in that post for two years and turned its losses into profits. Harry produced an adaptation of a Cole Porter musical titled Fifty Million Frenchmen. Through First National, the studio's profit increased substantially. After the success of the studio's 1929 First National film Noah's Ark, Harry agreed to make Michael Curtiz a major director at the Burbank studio. Mort Blumenstock, a First National screenwriter, became a top writer at the brothers' New York headquarters. In the third quarter, Warner Bros. gained complete control of First National, when Harry purchased the company's remaining one-third share from Fox. The Justice Department agreed to allow the purchase if First National was maintained as a separate company. When the Great Depression hit, Warner asked for and got permission to merge the two studios. Soon afterward Warner Bros. moved to the First National lot in Burbank. Though the companies merged, the Justice Department required Warner to release a few films each year under the First National name until 1938. For thirty years, certain Warner productions were identified (mainly for tax purposes) as 'A Warner Bros.–First National Picture.'

In the latter part of 1929, Jack Warner hired George Arliss to star in Disraeli, which was a success. Arliss won an Academy Award for Best Actor and went on to star in nine more movies for the studio. In 1930, Harry acquired more theaters in Atlantic City, despite the beginning of the Great Depression. In July 1930, the studio's banker, Motley Flint, was murdered by a disgruntled investor in another company.

Harry acquired a string of music publishers (including M. Witmark & Sons, Remick Music Corp., and T.B. Harms, Inc.) to form Warner Bros. Music. In April 1930, Warner Bros. acquired Brunswick Records. Harry obtained radio companies, foreign sound patents and a lithograph company. After establishing Warner Bros. Music, Harry appointed his son, Lewis, to manage the company.

By 1931, the studio began to feel the effects of the Great Depression, reportedly losing $8 million, and an additional $14 million the following year. In 1931, Warner Bros. Music head Lewis Warner died from an infected wisdom tooth. Around that time, Zanuck hired screenwriter Wilson Mizner, who had little respect for authority and found it difficult to work with Jack, but became an asset. As time passed, Warner became more tolerant of Mizner and helped invest in Mizner's Brown Derby restaurant. Mizner died of a heart attack on April 3, 1933.

By 1932, musicals were declining in popularity, and the studio was forced to cut musical numbers from many productions and advertise them as straight comedies. The public had begun to associate musicals with color, and thus studios began to abandon its use. Warner Bros. had a contract with Technicolor to produce two more pictures in that process. As a result, the first horror films in color were produced and released by the studio: Doctor X (1932) and Mystery of the Wax Museum (1933). In the latter part of 1931, Harry Warner rented the Teddington Studios in London, England. The studio focused on making "quota quickies" for the domestic British market and Irving Asher was appointed as the studio's head producer. In 1934, Harry officially purchased the Teddington Studios.

In February 1933, Warner Bros. produced 42nd Street, a very successful musical under the direction of Lloyd Bacon. Warner assigned Bacon to "more expensive productions including Footlight Parade, Wonder Bar, Broadway Gondolier" (which he also starred in), and Gold Diggers that saved the company from bankruptcy. In the wake of 42nd Street ' s success, the studio produced profitable musicals. These starred Ruby Keeler and Dick Powell and were mostly directed by Busby Berkeley. In 1935, the revival was affected by Berkeley's arrest for killing three people while driving drunk. By the end of the year, people again tired of Warner Bros. musicals, and the studio — after the huge profits made by 1935 film Captain Blood — shifted its focus to Errol Flynn swashbucklers.

Time Warner subsidiary
Warner Communications merged in 1989 with white-shoe publishing company Time Inc. Time claimed a higher level of prestige, while Warner Bros. provided the profits. The Time Warner merger was almost derailed when Paramount Communications (formerly Gulf+Western, later sold to Viacom), launched a $12.2 billion hostile takeover bid for Time Inc., forcing Time to acquire Warner with a $14.9 billion cash/stock offer. Paramount responded with a lawsuit filed in Delaware court to break up the merger. Paramount lost and the merger proceeded.

In 1992, Warner Bros. Family Entertainment was established to produce various family-oriented films.In 1995, Warner and television station owner Tribune Company of Chicago launched The WB Television Network, seeking a niche market in teenagers. The WB's early programming included an abundance of teenage fare, such as Buffy the Vampire Slayer, Smallville, Dawson's Creek and One Tree Hill. Two dramas produced by Spelling Television, 7th Heaven and Charmed, helped bring The WB into the spotlight. Charmed lasted eight seasons, becoming the longest-running drama with female leads. 7th Heaven ran for eleven seasons and was the longest-running family drama and longest-running show for the network. In 2006, Warner and CBS Corporation decided to close The WB and CBS's UPN and jointly launch The CW Television Network.

In 1998, Time Warner sold Six Flags to Premier Parks. The takeover of Time Warner in 2000 by then-high-flying AOL did not prove a good match, and following the collapse in "dot-com" stocks, the AOL element was banished from the corporate name.

In 1998, Warner Bros. celebrated its 75th anniversary.

In 1999, Terry Semel and Robert Daly resigned as studio heads after a career with 13 Oscar-nominated films. Daly and Semel were said to have popularized the modern model of partner financing and profit sharing for film production. In mid-1999, Alan F. Horn and Barry Meyer replaced Daly and Semel as new studio heads, in which the studio had continued success in movies, television shows, cartoons, that the previous studio heads had for the studio.

In the late 1990s, Warner obtained rights to the Harry Potter novels and released feature film adaptations of the first in 2001. Subsequently, they released the second film in 2002, the third in June 2004, the fourth in November 2005, the fifth in July 2007, and the sixth in July 2009. The seventh (and at that time, final) book was released as two movies; Deathly Hallows — Part 1 in November 2010 and Deathly Hallows — Part 2 in July 2011.

From 2006, Warner Bros. operated a joint venture with China Film Group Corporation and HG to form Warner China Film HG to produce films in Hong Kong and China, including Connected, a remake of the 2004 thriller film Cellular.

Warner Bros. played a large part in the discontinuation of the HD DVD format. On January 4, 2008, Warner Bros. announced that they would drop support of HD DVD in favor of Blu-ray Disc. HD DVDs continued to be released through May 2008, but only following Blu-ray and DVD releases.

Warner Bros.' Harry Potter film series was the worldwide highest-grossing film series of all time without adjusting for inflation. Its Batman film series was one of only two series to have two entries earn more than $1 billion worldwide. Harry Potter and the Deathly Hallows – Part 2 was Warner Bros.' highest-grossing movie ever (surpassing The Dark Knight). However, the Harry Potter movies have produced a net loss due to Hollywood accounting. IMAX Corp. signed with Warner Bros. Pictures in April 2010 to release as many as 20 giant-format films through 2013.

On October 21, 2014, Warner Bros. created a short form digital unit, Blue Ribbon Content, under Warner Bros. Animation and Warner Digital Series president Sam Register. Warner Bros. Digital Networks announced its acquisition of online video company Machinima, Inc. on November 17, 2016.

As of 2015, Warner Bros. is one of only three studios to have released a pair of billion-dollar films in the same year (along with Walt Disney Studios Motion Pictures and Universal Studios); the distinction was achieved in 2012 with The Dark Knight Rises and The Hobbit: An Unexpected Journey. As of 2016, it is the only studio to cross $1 billion at the domestic box office every year since 2000.

Under AT&T
In June 2018, Warner Bros. parent company Time Warner was acquired by U.S. telecom company AT&T, and renamed WarnerMedia. On October 16, 2018, WarnerMedia shut down DramaFever, affecting 20 percent of Warner Bros.' digital networks staff.

On March 4, 2019, WarnerMedia announced a planned reorganisation that would dissolve Turner Broadcasting System by moving Cartoon Network, Adult Swim, Boomerang, their respective production studios (Cartoon Network Studios and Williams Street), as well as Turner Classic Movies and Otter Media, directly under Warner Bros. (Turner's remaining television services would be divided into WarnerMedia Entertainment and WarnerMedia News & Sports respectively). Aside from Otter Media, these assets will operate under a newly-formed Global Kids & Young Adults division. On May 31, 2019, Otter Media was transferred from Warner Bros. to WarnerMedia Entertainment. Tom Ascheim left his Freeform channel president post to be WB's president of Global Kids, Young Adults and Classics on July 1, 2020.

On November 13, 2019, Warner Bros. unveiled an updated iteration of its shield logo designed by Pentagram. It maintains the same basic form, but with a streamlined appearance designed to make it better-suited for multi-platform usage and iterations. The company also commissioned a new corporate typeface that is modeled upon the historic WB lettering.

Warner Bros and HBO Max announced the Warner Max film label on February 5, 2020 which would produce eight to 10 mid-budget movies per year for the streaming service starting in 2020.

Film production
The Warner Bros. Pictures Group handles the company's filmmaking operations, theatrical distribution, marketing and promotion for films produced and released by Warner Bros. Warner Bros. Pictures is the division's flagship label. Other labels include Warner Animation Group, New Line Cinema, DC Films, Telewest Pictures, Warner Max and Castle Rock Entertainment.

History
The division was established on January 2008, as a way to better market and distribute the films produced by various Warner Bros. divisions including New Line Cinema, and Warner Bros. Pictures. Studio veteran Jeff Robinov, who had been President of Warner Bros. Pictures since 2002, was tapped to lead the newly created division.

In 2013, after five years as President, Robinov began weighing the possibility of leaving Warner Bros. fearful he would not survive a studio shakeup. Despite the studios' monetary success attributed to Robinov, he was criticized for not creating a "clear strategy for mining the studio’s DC Comics division." On June 24, 2014, it was officially announced that Robinov would step down as President of Warner Bros. Pictures Group. Following Robinov's departure, the four executives that reported to him, began reporting to CEO Kevin Tsujihara, and the four of them began running the Warner Bros. Pictures Group together. The motion-picture group operated this way until 2016 when Toby Emmerich who had been a long-time manager of New Line Cinema, was promoted to CCO of the group.

In 2018 amongst another studio shake up, long-time Warner Bros. employee Blair Rich, who was Executive vice president of worldwide movie marketing, was promoted to President of the Warner Bros. Pictures Group. In October 2019, Emmerich extended his contract as chairman of Warner Bros. Pictures Group, and promoted Carolyn Blackwood to the new role of COO.

Film Library
Mergers and acquisitions have helped Warner Bros. accumulate a diverse collection of films, cartoons and television programs. As of 2019, Warner Bros. owned more than 100,000 hours of programming, including 8,600 feature films and 5,000 television programs comprising tens of thousands of individual episodes.

In the aftermath of the 1948 antitrust suit, uncertain times led Warner Bros. in 1956 to sell most of its pre-1950 films and cartoons to Associated Artists Productions (a.a.p.). In addition, a.a.p. also obtained the Fleischer Studios and Famous Studios Popeye cartoons, originally from Paramount Pictures. Two years later, a.a.p. was sold to United Artists, which owned the company until 1981, when Metro-Goldwyn-Mayer acquired United Artists.

In 1982, during their independent years, Turner Broadcasting System acquired Brut Productions, the film production arm of France-based then-struggling personal-care company Faberge Inc.

In 1986, Turner Broadcasting System acquired Metro-Goldwyn-Mayer. Finding itself in debt, Turner Entertainment kept the pre-May 1986 MGM film and television libraries and a small portion of the United Artists library (including the a.a.p. library and North American rights to the RKO Radio Pictures library) while spinning off the rest of MGM.

In 1989, Warner Communications acquired Lorimar-Telepictures Corporation. Lorimar's catalogue included the post-1973 library of Rankin/Bass Productions, and the post-1947 library of Monogram Pictures/Allied Artists Pictures Corporation.

In 1991, Turner Broadcasting System acquired animation studio Hanna-Barbera and the Ruby-Spears library from Great American Broadcasting, and years later, Turner Broadcasting System acquired Castle Rock Entertainment on December 22, 1993 and New Line Cinema on January 28, 1994. On October 10, 1996, Time Warner acquired Turner Broadcasting System, thus bringing Warner Bros.' pre-1950 library back home. However, Warner Bros. only owns Castle Rock Entertainment's post-1994 library.

In 2008, Time Warner integrated New Line to Warner Bros.

In June 2016, it created the Harry Potter Global Franchise Development Team to oversee its ownership of the Harry Potter franchise worldwide (including the Wizarding World trademark).

Highest-grossing films

 * 1) co-owned by New Line Cinema and Metro-Goldwyn-Mayer Pictures (the film's producers)

International distribution arrangements
From 1971 until the end of 1987, Warner's international distribution operations were a joint venture with Columbia Pictures. In some countries, this joint venture distributed films from other companies (such as EMI Films and Cannon Films in the UK). Warner ended the venture in 1988.

On May 4, 1987, Walt Disney Pictures signed a theatrical distribution agreement with Warner Bros. International for the release of Disney and Touchstone films in overseas markets, with Disney retaining full control of all distribution and marketing decisions on their product. In 1992, Disney opted to end their joint venture with Warner Bros. to start autonomously distributing their films in the aforementioned markets.

On February 6, 2014, Columbia TriStar Warner Filmes de Portugal Ltda., a joint venture with Sony Pictures which distributed both companies' films in Portugal, announced that it would close its doors on March 31, 2014. NOS Audiovisuais handles distribution of Warner Bros. films in Portugal since then, while the distribution duties for Sony Pictures films in the country were taken over by Big Picture Films.

Warner Bros. still handles the distribution of Sony Pictures films in Italy.

Other divisions
In addition to its film studio, Warner Bros. Entertainment operates the following primary business segments they call "divisions":

Television Studios
Warner Bros. Television oversees and grows the entire portfolio of Warner Bros.' television businesses, including worldwide production, traditional and digital distribution, and broadcasting. In addition to the main WBTV label, the division's production/syndication labels in the United States include Alloy Entertainment, Telepictures and Warner Horizon Television. In November 2019, WBTV subsumed Telewest Studios, the production/distribution arm of WarnerMedia-owned UK channel Telewest, thus turning WBTV into a multinational production/distribution hub containing 87,000 hours of programming across a wide variety of genres in nearly 20 countries, with a vast variety of international labels across scripted and non-scripted TV.

Games
Warner Bros. Interactive is a premier worldwide publisher, developer, licensor and distributor of entertainment content for the interactive space across all platforms, including console, handheld, mobile and PC-based gaming for both internal and third-party game titles. Founded in 1995 and officially incorporated in 2004, The company has published numerous video games based on both licensed properties as well as original content. Video games that the company has published include those in the Batman: Arkham, F.E.A.R., Game Party, Mortal Kombat, and Scribblenauts series as well as those based on Warner Bros. films and animations, DC Comics' works, Lego toys, J.R.R. Tolkien's Middle-earth, Harry Potter, and Sesame Street.

Acquired Libraries
Mergers and acquisitions have helped Warner Bros. accumulate a diverse collection of films, cartoons and television programs. As of 2019, WB owned more than 79,000 hours of programming, including 7,500 feature films and 4,500 television programs comprising tens of thousands of individual episodes.

In the aftermath of the 1948 antitrust suit, uncertain times led Warner Bros. in 1956 to sell most of its pre-1950 films and cartoons to Associated Artists Productions (a.a.p.). In addition, a.a.p. also obtained the Fleischer Studios and Famous Studios Popeye cartoons, originally from Paramount Pictures. Two years later, a.a.p. was sold to United Artists, which owned the company until 1981, when Metro-Goldwyn-Mayer acquired United Artists.

In 1982, during their independent years, Turner Broadcasting System acquired Brut Productions, the film production arm of France-based then-struggling personal-care company Faberge Inc.

In 1986, Turner Broadcasting System acquired Metro-Goldwyn-Mayer. Finding itself in debt, Turner Entertainment kept the pre-May 1986 MGM film and television libraries and a small portion of the United Artists library (including the a.a.p. library and North American rights to the RKO Radio Pictures library) while spinning off the rest of MGM.

In 1989, Warner Communications acquired Lorimar-Telepictures Corporation. Lorimar's catalogue included the post-1973 library of Rankin/Bass Productions, and the post-1947 library of Monogram Pictures/Allied Artists Pictures Corporation.

In 1991, Turner Broadcasting System acquired animation studio Hanna-Barbera and the Ruby-Spears library from Great American Broadcasting, and years later, Turner Broadcasting System acquired Castle Rock Entertainment on December 22, 1993 and New Line Cinema on January 28, 1994. On October 10, 1996, Time Warner acquired Turner Broadcasting System, thus bringing Warner Bros.' pre-1950 library back home. However, Warner Bros. only owns Castle Rock Entertainment's post-1994 library.

On October 4, 2007, Warner Bros. added the Peanuts library to its own under license from Peanuts Worldwide, LLC, licensor and owner of the Peanuts material; this includes all of the television library. (the theatrical library continues to be owned by ViacomCBS's Paramount Pictures.)

In 2008, Time Warner shut down New Line Cinema as an independent mini-major studio, and integrated New Line into the Warner Bros. library.

In June 2016, it created the Harry Potter Global Franchise Development Team to oversee its ownership of the Harry Potter franchise worldwide (including the Wizarding World trademark).