DC Studios

DC Studios is an American film and television production company that is a subsidiary of Warner Bros. Discovery (WBD). It is responsible for the production of live-action and animated films and television series, as well as video games, based on characters from the American comic book publisher DC Comics, primarily as part of its flagship media franchise and shared universe, the DC Universe (DCU). Writer and director James Gunn and producer Peter Safran have served as its co-chairmen and co-CEOs since its formation in November 2022. The studio's predecessor, DC Films, was formed in May 2016 as a division of Warner Bros. Pictures to oversee DC-based film productions, primarily those from its shared universe franchise, the DC Extended Universe (DCEU). DC comic book and television writer Geoff Johns and Warner Bros. producer Jon Berg served as co-chairmen. After several DCEU films received poor reception and underperformed financially, the duo stepped down by the end of 2017, and the division was reorganized, with Walter Hamada hired as the studio's president. Following the merger of DC and Warner Bros. owner WarnerMedia with Discovery, Inc. in April 2022, WBD overhauled its operations, leading Hamada to step down in October 2022. DC Films was then dissolved in favor of DC Studios, a new subsidiary with greater oversight of DC media. Gunn and Safran, who had worked on some DCEU projects, were hired to lead the studio, and the duo began work on the DCU as a new franchise to serve as a soft reboot of the DCEU. DC Films produced 13 films within the DCEU, from Suicide Squad (2016) to Aquaman and the Lost Kingdom (2023), as well as two standalone films, Joker (2019) and The Batman (2022). The studio's DCEU film Aquaman (2018) and Joker each grossed over $1 billion and are thus...