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DC Entertainment
DC Entertainment is an American entertainment company that was founded in September 2009 and is based in Burbank, California. The company is a subsidiary of Warner Bros. Discovery which manages DC Comics characters by working with other units of Warner Bros. It also delves into those units within their flagship DC Extended Universe (DCEU) franchise from 2013 to 2022. In April 2022, following the merger of parent company WarnerMedia with Discovery, Inc., DC Entertainment was reported to be reorganized into its own vertical unit rather than being handled by other Warner Bros. subsidiaries on its behalf. History Formation On September 9, 2009, Warner Bros. announced that DC Comics would become a subsidiary of DC Entertainment, Inc., with Diane Nelson, President of Warner Premiere, becoming president of the newly formed holding company and DC Comics President and Publisher Paul Levitz moving to the position of Contributing Editor and Overall Consultant there. Warner Bros. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |