Warner Bros is a subsidiary of Time Warner and is founded in 1923.
Time Warner has many global names in its kitty like Warner Bros, CNN, HBO and Cartoon Network. It is headquartered in California, United States. Warner Bros was founded by Alber Warner, Harry Warner, Sam Warner and Jack Warner. Currently, Kevin Tsujihara is the chairman and CEO of the American media company. It is spanned across various business segments like films, television, home entertainment, interactive and consumer products.
Warner Bros strongly believes in sustainable growth model which is ratified by their innovation driven approach. It is the first company to release motion picture with sound and now lead the way for digital video services. Warner Bros has been the leader in television segment in US and it dominates the primetime. Simultaneously, Warner Bros is expanding globally through wholly owned subsidiary. Domestic box office collection of films have been very promising for Warner Bros.
Various distribution channels are exploited by Warner Bros like digital mediums, traditional channels etc. Digital sales and rental income are increasing over time due to change in consumer demands. Warner Bros has grown by making a lucrative portfolio of brands and characters using its franchise model. Franchise films like Batman series, Harry Potter and The Hobbit are a few of them. 2014-15 television series such as The Flash, Arrow etc created a lot of buzz.
During 2014, Warner Bros released Edge of Tomorrow, The Hobbit: The Battle of the Five Armies, The LEGO Movie, Godzilla, and Tammy. 2015 plans are to release American Sniper, Jupiter Ascending, Focus, Get Hard and Run All Night. Upcoming movies by Warner Bros. includes Entourage, Mad Max: Fury Road, Magic Mike XXL, Pan and San Andreas.
Revenue - $27359 Million
The approach followed to rank top 10 film production houses is by revenue of the relevant business segment from the annual report and wherever the data was not available the revenue was computed by adding the revenue earned