Warner Bros. Pictures

by Nancy Lopez-Luna

Warner Bros. Pictures

warner_bros._pictures_intro__140102232408
Photo Courtesy of deadline.com [1]

Contact Information: [2]

4000 Warner Blvd.

Burbank, CA 91522

P: 818.954.3000

http://www.warnerbros.com/

About Warners Bros. Pictures: 

Warner Bros. Pictures is one of the six major American film studios. The company was founded on April 4, 1923 by Albert, Harry, Jack and Sam Warner. [3] Warner Bros. Pictures is an entertainment company involved in the creation, production, distribution, licensing and marketing on all their forms of entertainment. [4]  In 2008, Warner Bros. Pictures acquired New Line Cinema to maximize film performance. [5]

Warner Bros. Pictures has created blockbuster films based on books, including Harry Potter, The Hobbit, Sherlock Holmes, among others. [6] Warner Bros., with the collaboration of New Line Cinema, releases approximately 18-22 films each year. [7]

Competitors 

Warner Bros.’ competitors include: Paramount Pictures Corporation, Fox Filmed Entertainment and The Walt Disney Studios. [8]

Key Executives: 

PhotoSizedDown_Kevin_Tsujihara_2014

Kevin Tsujihara; chairman and Chief executive officer

ThomasGewecke

Thomas Gewecke; executive Vice president & CHIEF DIGITAL OFFICE

EdwardARomano

Edward a romano; executive vice president & Chief financial officer

 

Photo and info courtesy of: http://www.warnerbros.com/studio/executives [9] 

Financials: 

In 2013, Warner Bros. Pictures grossed in $5.03 billion in global box office, their most successful theatrical year in company history. That year marked the company’s first time surpassing the $5 billion mark. [10] As of September 30, 2014, Warner Bros. Pictures has grossed a revenue of $1.17 million in their recent quarter. This is a 3% increase from last year. These increases were offset by Pacific Rim, The Conjuring and We’re the Millers. Through November 2, Annabelle grossed over $230 million in worldwide box office. [11] Currently, Warner Bros. Pictures employs 9,000 people. [12]

What’s happening now? 

In 2014, Warner Bros. Pictures released a total of 18 films, with Inherent Vice being released last on December 12th. [13]

The Lego Movie

One of the movies that stayed #1 for the first half of 2014 was The Lego Movie directed by DeAlan Wilson. [14] The Lego Movie is a 3D animation film that tells the story of a construction Lego worker, Emmet. He is recruited on a quest to stop an evil tyrant from destroying the Lego universe. [15]

Photo Courtesy of rottentomatoes.com [16]

The budget set for this film was $60,000,000 million. In its opening weekend (7-9 February 2014), The Lego Movie received $69,050,279 million. In total, it grossed $252,756,197 million. [17] The Lego Movie won the kids’ feature film prize at the BAFTA Children’s Awards Sunday, fighting off competition from Maleficent, How to Train Your Dragon 2 and Frozen[18] 

If I Stay

If I Stay recounts the story of Mia Hall after suffering a car incident that puts her in a coma. During her out-of-body experience, she has to decide if she wants to wake up and live a completely different life. During her journey she decides what she wants to do. The film is directed by R.J. Cutler and it stars Chloe Grace Moretz. [19]

Photo Courtesy of IMDb.com [20]

During its opening weekend (22-24 August, 2014), If I Stay earned $15,679,190 million. To date, it has grossed $50,474,843 million domestically. [21]

Annabelle

Annabelle reunites the filmmakers behind 2013’s hugely successful supernatural thriller The Conjuring. A couple begins to experience supernatural happenings in their house after satanic cultists invade their home. The films stars Ward Horton, Annabelle Wallis and Alfre Woodard. [22]

Photo Courtesy of IMDb.com [23]

Annabelle was big for Warner Bros. and New Line Cinema. It is the highest grossing horror movie of 2014. Directed by John R. Leonetti, Annabelle has taken over $250 million at the worldwide box office. Opening weekend (3-5 October 2014), Annabelle grossed in $37,134,255 million. [24]

Interstellar 

Interstellar is a current release from Warner Bros. Pictures. Directed by Christopher NolanInterstellar tells the story of a team traveling through a wormhole in an attempt to find a potential planet sustainable for habitat. This film stars Matthew McConaughey and Anne Hathaway. [25]

Photo Courtesy of IMDb.com [26]

In its opening weekend (5-7 November 2014), Interstellar grossed in $47,510,360 million. It is 3.7 weeks in and Interstellar has grossed in $147,090,000 million domestically and $542,290,000 worldwide. [27]

Horrible Bosses 2

A sequel to Horrible Bosses, three men decide to start their own business but things don’t go as planned because of an investor, prompting the trio to pull off a misguided kidnapping scheme. Directed by Sean Anders this film stars Jason Bateman, Jason Sudeikis and Charlie Day. [28]

Photo Courtesy of IMDb.com [29]

In its opening weekend (26-28 November 2014), Horrible Bosses 2 grossed in $15,700,000 million. Domestically it has gained $23,010,000 million as of November 30, 2014. Worldwide it has reached $34,710,000. This movie was one of the popular to watch over Thanksgiving weekend. [30]

In other news

Cuts 

On November 9, 2014 Warner Bros. began to cut their employees. These cuts will eliminate 1,000 jobs, or 12.5% of the studio’s staff. Warner Bros. is trying to increase their profitability in lieu of their weak domestic box office sales. These layoffs are part of Time Warner, its corporate parents, who also seek to cut costs. Despite the hit in The Lego Movie, it has suffered with movies like Edge of Tomorrow, The Judge and Blended. It is ranked third at the domestic box office, behind 20th Century Fox and Walt Disney Studios. [31] 

Royalties 

A private arbitrator has decided against the Weinstein brothers and Miramax in a dispute with Warner Bros. over royalties for the second and third Hobbit films. In 1988, Miramax agreed to sell the big-screen rights it controlled to New Line Cinema, which is now owned by Warner Bros. Warner Bros. has decided to not pay the Weinstein company royalties for the second and third installation of The Hobbit. [32] 

The Stand 

Director Josh Boone has announced that the studio has allowed him to turn Stephen’s King’s novel The Stand into a four-part franchise. Matthew McConaughey is said to take the role of villainous Randall Flagg. [33] The Stand is about one man who escapes from a biological weapon facility after a deadly virus wipes out most of the world’s population. The survivors are stuck in a predicament of what to do, facing both good and evil. [34]

What to Expect: 

Focus

Warner Bros. Picture will release its first 2015 film, February 27. Focus is based on a veteran grifter who takes in an attractive woman under his wing. After time spent together they become romantically involved. Directed by Glenn Ficarra and Josh Requa this film stars Will Smith, Margot Robbie and Rodrigo Santoro. [35]

Photo Courtesy of IMDb.com [36]

In the Heart of the Sea 

Out March 13, 2015, In the Heart of the Sea is said to be based on true events. In the winter of 1820, the New England whaling ship Essex was assaulted by a whale of mammoth size. The real-life disaster inspired Herman Melville’s Moby-Dick. But In the Heart of the Sea reveals the aftermath, as the ship’s surviving crew is pushed to their limits and forced to do the unthinkable to stay alive. [37]

Photo Courtesy of IMDb.com [38]

Directed by Ron Howard, this film stars Chris Hemsworth, Cillian Murphay and Charlotte Riley.

Video courtesy of youtube.com [39]

 

[1] Warner Bros. logo. Deadline. RT: 11/29/14

[2] Warner Bros. contact. warner bors. rt: 11/29/14

[3] Founded. warner bros. rt: 11/29/14

[4] What Warner Bros. does. BusinessWeek. RT: 11/29/14

[5] New Line Cinema. warner bros. rt: 11/29/14

[6] Competitors. hoovers. rt: 12/1/14

[7] Blockbuster Film Franchises. boxofficemojo. rt: 11/29/14

[8] Distribution. warner bros. rt: 11/29/14

[9] Executive Officers. warner bros. rt: 11/29/14

[10] 2013 Gross Income. variety. rt: 11/29/14

[11] 2014 3rd Quarter Income. time warner. rt: 11/29/14

[12] Employees. variety. rt: 11/29/14

[13] 2014 Films. movie insider. rt: 11/29/14

[14] Lego Movie. time warner. rt: 11/29/14

[15] About Lego Movie. imdb. rt: 11/29/14

[16] Lego Movie Image. imdb. rt: 11/29/14

[17] Lego Movie Revenue. boxofficemojo. rt: 11/29/14

[18]  Lego Movie Award. variety. rt: 11/29/14

[19] About If I Stay. imdb. RT: 11/29/14

[20] if i stay movie poster. imdb. rt: 12/1/14

[21] If I Stay Revenue. Boxofficemojo. rt: 11/29/14

[22] About Annabelle. imdb. rt: 11/29/14

[23] Annabelle movie poster. imdb. rt: 12/1/14

[24] Annabelle Revenue. boxofficemojo. rt: 11/29/14

[25] About Interstellar. imdb. 11/29/14

[26] Interstellar movie poster. imdb. rt: 12/1/14

[27] Interstellar Revenue. boxofficemojo. rt: 11/29/14

[28] About Horrible Bosses. imdb. rt: 11/29/14

[29] horrible bosses 2 movie poster. imdb. rt: 12/1/14

[30] Horrible Bosses 2 Revenue. boxofficemojo. rt: 11/30/14

[31]  Warner Bros. Cuts. ny times. rt: 11/29/14

[32]  Warner Bros. Royalties. wall street journal. rt: 11/29/14

[33] Joseph Boone. deadline. rt: 11/29/14

[34] About The Stand. stephen king. rt: 11/29/14

[35] About Focus. imdb. rt: 11/29/14

[36] focus movie poster. imdb. rt: 12/1/14

[37] About In the Heart of the Sea. imdb, rt: 11/29/14

[38] In the Heart of the Sea Image. imdb. rt: 11/29/14

[39] In the Heart of the sea trailer. youtube. rt: 11/29/14

 

Warner Bros. Pictures

By Ken Kawada

Courtesy of Deadline

Brief Overview

The Warner Brothers Pictures was founded on April 4, 1923, and it is one of the major studios in Hollywood. The studio handles production and distribution of films, and finances or co-finances their films. They collaborate with other studios such as Village Roadshow Pictures, Castle Rock Entertainment and RatPac-Dune Entertainment. The studio is known for producing  award winning films such as The Dark Knight, Inception and Argo. [1]

Key Executives

Greg Silverman

Courtesy of Deadline

Silverman is the President, Creative Development and Worldwide Production for Warner Brothers Pictures. Appointed in June 2013, he oversees the studio’s development activities, global production and budget. He also works with the studio’s senior management to seek opportunities for the company. [2]

Steven S. Spira

Courtesy of Variety

Spira is the President, Worldwide Business Affairs for Warner Brothers Pictures. Promoted on January 2004, he is responsible for overseeing the business aspects of the studio’s operations that include development, production and distribution of films. [3]

Sue Kroll

Courtesy of Film Independent

Kroll is the President, Worldwide Marketing and International Distribution for Warner Brothers Pictures. She oversees the strategic creation and marketing campaigns for the studio’s international releases. [4]

Recent Releases

The Hobbit: The Desolation of Smaug

Courtesy of Movie Wallpapers

 

Continuing the success of Peter Jackson’s epic fantasy, The Hobbit: An Unexpected Journey, Warner Brothers Pictures released its latest sequel on December 2, 2013, just in time for the award season. The film follows the titular character, Bilbo Baggins as he continues his journey with the dwarves to reclaim their homeland from the dragon Smaug. Based on J. R. R. Tolkien’s fantasy novel of the same name, this anticipated sequel is the second film in the The Hobbit franchise. [5]

The film’s release was the fourth best opening weekend for the month of December, slightly behind the first Hobbit film. On Metacritic, the film received an average review score of 66 out of 100, which indicates generally favorable reviews from critics. Many critics have highlighted the overall improvement from the first film in the series, but still criticized the length. [7]

It has grossed over $950 million at the worldwide box office to this date, making it the fourth highest-grossing film of 2013. The Desolation of Smaug received 3 nominations at this year’s Academy Awards, including best visual effects.  [6]

The LEGO Movie

Courtesy of Forbes

 

This 3D animated film is this year’s unexpected hit. Starring the voices of Christ Pratt, Will Ferrell, Elizabeth Banks, Liam Neeson, Morgan Freeman and Will Arnett, the film tells the story of an ordinary LEGO construction worker, mini-figure who joins a quest to stop an evil tyrant from destroying their world. [8]

The film’s mass appeal to both children and adults contributed to the film’s success at the box office. The studio has already announced a sequel for the film, potentially starting a new franchise for Warner Bros. As of now, the sequel is set to be released in 2017. Jared Stern and Michelle Morgan were hired to pen the script for the sequel, but it is still unknown whether writer/director of the first film, Phil Lord and Chris Miller will return. The plot is also still yet to be determined. [9]

The film received an average review score of 82 out of 100 on Metacritic, indicating an universal acclaim from critics. The film’s release was the second best opening weekend for the month of February, behind Mel Gibson’s The Passion of the Christ. Grossing over $400 million to this date on a $60 million budget, the film is projected to continue its success in Blu-Ray and DVD sales. [10] [11]

300: Rise of an Empire

Courtesy of Nerdlocker

 

7 years after the release of their blockbuster film, 300, the studio finally released the long anticipated sequel on March 7 of this year. The film was initially scheduled to be released last August, but due to unknown circumstances, the film was pushed back to March of this year. Based on Frank Miller’s yet to be published graphic novel Xerxes, the film tells a story of Greek general Themistokles, and his charge against the Persian forces led by Xerxes and Artemisia. Zack Synder, who directed the first film in the series, served as the writer and producer for this film. [12]

As of April, the film has grossed over $300 million on a $110 million budget. 67.9% of the total gross comes from the international market. Compared to its predecessors, the film is not as successful, but still on a good track thanks to the international market. On the critic side, the film had a similar average review score with its predecessor, scoring 48 out of 100 on Metacritic, indicating mixed or average reviews. Fans of the first film have criticized the storyline, but praised the visual style. [13] [14]

86th Academy Awards

Courtesy of International Business Times

In addition to the financial success for Warner Brothers Pictures, the studio also collected 21 nominations at the 86th Academy Awards, personal best for Warner Brothers. Gravity, which was released last October, tied with American Hustle for most nominations. By the end of the night, Gravity won seven awards, including Best Director for Alfonso Cuaron, who was the first Hispanic director to ever win in the category. Spike Jonze’ Her also received 5 nominations, including Best Picture. The film eventually won Best Writing for an original screenplay. The studio won a total of 10 Oscars by the end of the night. [15]

Financial

In 2013, Warners Brothers Pictures had the most successful theatrical year in company history, taking the number one spot in domestic, international and worldwide box office. The studio cumulated $1.893 billion in domestic box office, and $3.145 in international box office, surpassing the $5 billion mark, which is the first for the studio and only the second time that the feat has been achieved by any studio in Hollywood. Bolstered by the successes of films like The Hobbit: The Desolation of Smaug, Gravity, and Man of Steel, Warners Brothers was able to beat other major competitors like Disney. [1] [16] [17]

Coming Soon…

Warner Brothers Pictures will be releasing Transcendence, starring Johnny Depp, and directed by cinematographer, Wally Pfister, making his directional debut. Pfister is a usual collaborator of Christopher Nolan, known for The Dark Knight and Inception. As of now, the critical reception has mostly been negative, which can greatly impact the box office result. Hoping to continue their success from last year, they will be releasing more blockbusters as we approach the summer season. Godzilla, Edge of Tomorrow and Jupiter Ascending are other films that are slated to be released later this year. [18]

 

Sources

[1] Warner Bros. Pictures

[2] Greg Silverman

 [3] Steven S. Spira

[4] Sue Kroll

[5] The Hobbit IMDB

[6] The Hobbit Box Office Mojo

[7] The Hobbit Metacritic

[8] The LEGO Movie IMDB

[9] Cinema Blend, The LEGO Movie Sequel 

[10] The LEGO Movie Metacritic

[11] The LEGO Movie Box Office Mojo

[12] 300: Rise of an Empire on IMDB

[13] 300: Rise of an Empire Box Office Mojo

[14] 300: Rise of an Empire Metacritic 

[15] The Hollywood Reporter Oscar Coverage

[16] Warner Bros. Leads Global Market Share

[17] Comingsoon.net Warner Bros. Pictures  2013 Box Office

[18] Deadline Hollywood coverage on WonderCon