Warner China Film HG was a production and distribution company that was a joint venture of
Warner Bros. with state-owned
China Film Group and
Hengdian
Group. Since then, TimeWarner (now
Warner Bros. Discovery) has co-founded a new joint venture named
Flagship Entertainment, a Hong Kong-based joint venture between TimeWarner and a China Media Capital-led consortium established in 2015 that includes
TVB.
