Warner Bros. Entertainment Inc. (commonly known as Warner Bros. or abbreviated as WB, pronounced Warner Brothers) is an American film and entertainment company headquartered at the Warner Bros. Studios complex in Burbank, California, and a subsidiary of Warner Bros. Discovery. Founded in 1923 by four 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 company Warner Bros. Television Studios; video game development and publishing arm Warner Bros. Interactive Entertainment; and a 50% interest in broadcast television network The CW, which is co-owned with Paramount Global. Warner Bros. also operates various divisions specializing in publishing, merchandising, music, theater, and theme parks. Bugs Bunny, a cartoon character created by Tex Avery as part of the Looney Tunes series, is the company's official mascot.