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WarnerMedia is an American multinational mass media and entertainment conglomerate owned by AT&T and headquartered in New York City. It was originally formed in 1990 as Time Warner, from the merger of Time Inc. and Warner Communications.

Time Warner was the parent company of Six Flags Theme Parks from 1991 to 1998, when they sold the company to business partner Premier Parks (now Six Flags Entertainment Corporation) to relieve debt. Warner Bros. remains the biggest business partner of Six Flags.

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WarnerMedia Entertainment[]

WarnerMedia Entertainment and Direct-to-Consumer, also just referred to as WarnerMedia Entertainment, is WarnerMedia's entertainment networks division. The division is responsible for HBO, Cinemax, TBS, TNT, TruTV, and digital media company Otter Media. The division also contains WarnerMedia's direct-to-consumer operations, including HBO Max. Bob Greenblatt heads the division as chairman.

WarnerMedia News & Sports[]

The division is responsible for news channels CNN, CNN International and HLN, as well as the WarnerMedia sports networks, Turner Sports, Bleacher Report, AT&T SportsNet, MLB Network, and the operations of NBA TV. News & Sports is headed by chairman and CNN Worldwide President Jeff Zucker.

Warner Bros.[]

Main article: Warner Bros.

Warner Bros.' businesses range from feature film and TV to home entertainment production and worldwide distribution to home video, digital distribution, animation, comic books, licensing and international cinemas and broadcasting. In 2012, the Warner Bros. Pictures Group grossed 4.3 billion dollars at the worldwide box office. Home Video is the industry leader with a 21% market share in total DVD and Blu-ray sales.

The Warner Bros. Home Entertainment Group works across platforms and outlets in the digital realm with video-on-demand, branded channels, original content, anti-piracy technology, and broadband & wireless destinations. Each year Warner Bros. Pictures produces between 18 and 22 films. Warner Bros. has produced more than 50 television series in the 2012–2013 television season.

Warner Bros. has also incorporated DC Comics content into Warner Bros. Entertainment via the creation of the DC Entertainment division, which was founded in 2009. DC Entertainment, which is wholly owned by the Company, is responsible for bringing the stories and characters from the DC Comics, Vertigo and MAD Magazine publishing portfolios into other Warner Bros. content and distribution businesses, including feature films, television programming, video games, direct-to-consumer platforms, and consumer products. The DC Comics imprint, home to such iconic characters as Batman, Superman, Wonder Woman, Flash, and Green Lantern, has launched digital versions of its top comic book and graphic novel titles, making them available for download on digital platforms.

In the March 4, 2019 reorganization, WarnerMedia formed a new Global Kids & Young Adults unit for incoming Cartoon Network, Adult Swim, Boomerang from Turner plus received oversight of Turner Classic Movies and temporarily Otter Media, which was transferred to WarnerMedia Entertainment in May 2019.

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