Warner Bros. Studio Fund

Symbol:WBROX

Status:Active

IPO Date:Sep 19, 2003

Fund Manager:WBROXFund

Description

In 1923, brothers Jack, Harry, Abe and Sam Warner created Warner Bros. Pictures. Shortly after its founding, the studio introduced its first star, the canine Rin Tin Tin, to American film audiences. In 1927, Warner Bros. revolutionized cinema with the release of the first major feature film with sound, The Jazz Singer. After the advent of talkies, the studio continued to prosper throughout the 1930s and 40s, as stars like James Cagney, Errol Flynn, and Olivia de Havilland performed as contract players. The studio scored a monster hit with Casablanca in 1942, and effectively re-invented the film ratings system with Who's Afraid of Virginia Woolf? in 1966. Warner Communications merged with Time, Inc. in 1988, then acquired Turner Broadcasting for $7.5 billion in 1996, followed by the mega-merger with AOL in 2000.

Warner Bros. Studio Fund will invest in films released domestically by Warner Bros. Pictures and New Line Cinema.

Studio Funds delist and relist annually in September.

Fund Manager:

WolfieB has been playing HSX for two years now. His port is worth over H$450 million. He enjoys all types of movies, but spreads his interests into TV and Books. His job keeps him busy but he still finds the time to trade. His favorite genre is science fiction and his favorite movie is The Goonies.