{"id":20184,"date":"2014-10-05T18:59:03","date_gmt":"2014-10-05T22:59:03","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=20184"},"modified":"2014-12-01T18:31:13","modified_gmt":"2014-12-01T23:31:13","slug":"warner-bros-pictures-7","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2014\/10\/05\/warner-bros-pictures-7\/","title":{"rendered":"Warner Bros. Pictures"},"content":{"rendered":"
by Carly Kaplin<\/pre>\n
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Warner Bros. Studios [a]<\/p><\/div>\n
Contact Information:<\/span><\/strong><\/p>\n
Address: 3400 Riverside Drive, Burbank, CA 91522<\/p>\n
Phone: (818) 972-8687<\/span><\/p>\n
http:\/\/www.warnerbros.com\/<\/a><\/p>\n
Company Executives:<\/strong><\/p>\n
\"PhotoSizedDown_Kevin_Tsujihara_2014-1\"<\/a>
Kevin Tsujihara: Chairman and Chief Executive Officer, Warner Bros. [b]<\/p><\/div>
\"RichardFox\"<\/a>
Richard J. Fox: Executive Vice President, International, Warner Bros. Entertainment [c]<\/p><\/div><\/p>\n
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\"ThomasGewecke-1\"<\/a>
Thomas Gewecke: Chief Digital Officer and Executive Vice President, Strategy and Business Development, Warner Bros. Entertainment [d]<\/p><\/div><\/div>\n
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\"DeeDee_Myers\"<\/a>
Dee Dee Myers: Executive Vice Present, Worldwide Corporate Communications and Public Affairs, Warner Bros. Entertainment [e]<\/p><\/div><\/div>\n
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Company Overview:<\/strong><\/div>\n
Warner Brother’s is an entertainment company involved in the creation, production, distribution and marketing<\/a> of many different forms of entertainment. The company specializes in feature films and television. Since they were founded, Warner Brother’s has produced nearly 6,500 feature films and 3,000 television shows. Warner Brother’s Studios is a subsidiary of Time Warner and within itself has several subsidiaries. [1]<\/a><\/div>\n
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Albert, Sam, Harry and Jack Warner [f]<\/p><\/div>\n
Company History:<\/span><\/strong><\/p>\n
Warner Brother\u2019s was founded<\/a> on April 4th, 1923 by Albert, Sam, Harry and Jack Warner. The studio released the world\u2019s first \u201ctalkie\u201d movie<\/a> on October 6th, 1927. Before this time, the world had never seen a movie with sound. This was a groundbreaking moment in the film industry. The studio won their first Oscar for best picture in 1937 for a film biography on the life of \u00c9mile Zola. In 1955, Warner Brothers started working in television creating the drama series,\u00a0Cheyenne. <\/em>[2]<\/a><\/span><\/p>\n
Financials:<\/strong><\/p>\n
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Warner Brother’s Studios is one of the\u00a0global leaders in film production. However, the studio\u00a0was negatively impacted by a low summer box office. Luckily, video-on-demand revenue contributed and raised revenue 3% to $2.8 billion<\/a>. The studio made its highest box office numbers ever with the\u00a0Harry Potter<\/em>\u00a0movies and\u00a0The Dark Knight<\/em> trilogy.\u00a0The Dark Knigh<\/a>t<\/em> earned the studio over $530,000,000 domestic, and over $1 billion including international sales in 2008. In 2013, Warner Brothers television programs grossed almost $1.5 billion<\/a> internationally. In the same year, the international box office for films generated revenue of over $5 billion<\/a>\u00a0for\u00a0the fifth year in a row Warner Brothers made\u00a0over $4 billion in the worldwide box office. Warner Brothers currently stands at third place in the 2014 studio market share<\/a> of the box office with 14.3%, behind 20th Century Fox with 17.2% and Buenavista with 16.1%. Warner Brothers has released the most movies this year out of the three top studios, making it’s position at number 3 not ideal. [3]<\/a> [4]<\/a><\/p>\n
By the end of this year, Warner Brothers will have released a total of 21 feature films<\/a>. The highest grossing movie of the year for the studio was\u00a0The Lego Movie<\/a><\/em>, generating a total domestic revenue of $257 million and $210 million internationally, making it a total of $468 million<\/a>. [5]<\/a> [6]<\/a><\/p>\n
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Warner Brother’s movies by release date in 2014 [g]<\/p><\/div><\/div>\n
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\"MV5BNjE5MzYwMzYxMF5BMl5BanBnXkFtZTcwOTk4MTk0OQ@@._V1_SY1006_CR25,0,630,1006_AL_\"<\/a>
Gravity [h]<\/p><\/div>\n
Recent History\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/p>\n
In early 2014, Warner Brother’s films won 10 Academy Awards<\/a>, the most of any other studio. 7 of these awards were taken by\u00a0Gravity<\/em><\/a>, two for\u00a0The Great Gatsby\u00a0<\/em><\/a>and one for\u00a0<\/a>Her<\/a>. Gravity\u00a0<\/em>took home the oscar for best director for Alfonso Cuar\u00f3n<\/a>, visual effects, cinematography, film editing, original score, sound editing and sound mixing. [7]<\/a><\/p>\n
What’s Happening Now?<\/strong><\/p>\n
Warner Brother’s Studios has recently announced that they will be cutting 1,000 jobs<\/a> from a total of around 8,000 companywide in an attempt to decrease\u00a0costs since the low box office and television results this year. After 10 years at number one in the domestic box office, it is currently at number 3. Some divisions of the company are expected to be impacted more by these layoffs than others. The finance and information technology will be cut down more than film and television production groups. [8]<\/a><\/p>\n
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The Judge [i]<\/p><\/div>\n
Warner Brother’s\u00a0recently released\u00a0The Judge<\/a>\u00a0<\/em>on October 10th, 2014.\u00a0The Judge\u00a0<\/em>made only $45.5 million in the domestic box office<\/a>, which\u00a0is not the success the studio would have hoped for the movie with a $50 million production budget. It did bring in $29 million international, bringing the total gross up to $74.5 million. The movie opened at number 5 its opening weekend, competing with the new releases of\u00a0Dracula Untold<\/em> and\u00a0Alexander and the Terrible, Horrible, No Good, Very Bad Day,\u00a0<\/em>which opened at 2, and 3 respectively. [9]<\/a><\/p>\n
\"Annabelle-poster\"<\/a>
Annabelle [j]<\/p><\/div>\n
Annabelle<\/a>, <\/em>the prequel to last year’s\u00a0The Conjuring,<\/em>\u00a0was the studio’s highest grossing movie this season. With a domestic total of $84 million but was widely popular overseas with an international total of over $186 million, it took\u00a0the number one place in the international box office its opening weekend. The production budget was only $6.5 million so\u00a0Annabelle<\/em>\u00a0was a huge success for Warner Brothers. Annabelle\u00a0<\/i>was released on October 3rd, opening at the number two spot in the box office, just barely\u00a0beaten out by $400,000 by the highly anticipated\u00a0Gone Girl.\u00a0<\/i>[10]<\/a><\/p>\n
\"horrible-bosses-2-poster-405x600\"<\/a>
Horrible Bosses 2 [k]<\/p><\/div>\n
Horrible Bosses 2<\/a>\u00a0<\/em>is the studio’s next movie to hit theaters, opening on November 26th, 2014. The first\u00a0Horrible Bosses\u00a0<\/em>movie, released in July of 2011 made $60 million during its opening weekend<\/a>. The budget<\/a> was $35 million, meaning the movie made back almost twice its budget in the first weekend. This sequel is definitely one that didn’t do as well as the first movie. This past weekend was opening weekend for\u00a0Horrible Bosses 2\u00a0<\/em>and opening at the number 5 spot, they made a mere $15 million<\/a>\u00a0domestically. Having opened on a Wednesday, they did generate some more money before the “weekend” bringing the domestic total to $23 million. But this opening weekend was a tough one in terms of competition.\u00a0Horrible Bosses\u00a0<\/em>was competing with the second weekend of\u00a0The Hunger Games: Mockingjay – Part 1<\/em> which brought in the majority of audiences for this Thanksgiving weekend. Warner Brothers expected\u00a0<\/a>Horrible Bosses 2<\/a>\u00a0<\/em>to make around $35 million opening weekend, but the production budget was relatively low, at $42 million. Warner Brothers executives are hopeful that\u00a0Horrible Bosses 2\u00a0<\/em>will perform better next weekend as the excitement of\u00a0The Hunger Games<\/em> slows down as it enters its third week. [11] <\/a>[12]<\/a> [13]<\/a><\/p>\n
Excitement\u00a0continues to grow for fans of The Hobbit<\/em> series as the trilogy comes to an end this year with\u00a0The<\/a> Hobbit: The Battle of the Five Armies<\/a>.\u00a0<\/em>It will be released on December 17th, 2014 by Warner Brothers. The most talked about aspect\u00a0of the movie so far is the 45 minute battle scene which ends the movie, the biggest fight scene<\/a> director Peter Jackson<\/a> has ever done. [5]<\/a>\u00a0[14]<\/a><\/p>\n