Flagship Entertainment Group is a film production company based in Hong Kong and a joint venture between Warner Bros.
Discovery and a China Media Capital–led consortium established in 2015 that includes TVB.
Previously, Warner was in a joint venture, the production and distribution company Warner China Film HG, with state-owned China Film Group and Hengdian Group, owner of Hengdian World Studios from 2006 to 2009.
[5] Flagship Entertainment Group's establishment was announced in September 2015.
[1] Talks to form the joint venture were confirmed to be under way in August 2015.