From The Art and Popular Culture Encyclopedia
It is a subsidiary of Time Warner, with its headquarters in Burbank, California. Warner Bros. has several subsidiary companies, including Warner Bros. Studios, Warner Bros. Pictures, Warner Bros. Television, Warner Bros. Animation, Warner Home Video, DC Comics, and New Line Cinema. Warner owns half of The CW Television Network.
Founded in 1918 by Polish immigrants, Warner Bros. is the third-oldest American movie studio in continuous operation, after Paramount Pictures, founded in 1912 as Famous Players, and Universal Studios, also founded in 1912.