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DC Films is American film production company that is a subsidiary of Warner Bros. owned by Warner Bros. Discovery dedicated to the production of films based on characters from DC Comics. Walter Hamada is the current president of DC Films. (Source from Wikipedia)

After the divisive reception of Batman v Superman: Dawn of Justice, Warner Bros. Pictures made moves to stabilize the direction of the DC Extended Universe. The studio reorganized in May 2016 to have genre-responsible film executives, thus DC Entertainment franchise films under Warner Bros. were placed under a newly created division, DC Films, created under Warner Bros. executive vice president Jon Berg and DC Comics chief content officer Geoff Johns. This was done in hopes of competing more directly with Marvel Studios’ Marvel Cinematic Universe. Johns also kept his existing role at DC Comics. However, the division’s formation was not designed to override the “director-driven” mandate.

Justice League had one of the biggest film budgets (nearly $300 million) but grossed about $96 million in its opening weekend. An analysis in The Washington Post expected that there would be a course correction again, with a possible change in leadership. The DC Extended Universe operated under a “director-driven” mandate. Forbes contributors felt that the course correction would be for DC Films to give up on the shared universe, while continuing with the Wonder Woman films and occasionally other films, as Warner Bros. has other franchises they can work with. Despite this, in December the studio reiterated their current film slate for the unofficially titled DC Extended Universe. That same month, Warner Bros. announced that a new strategy and organization of DC Films would occur with Berg leaving his position as studio’s co-president of production to form a Warner Bros.-based production company with Roy Lee, the producer of The LEGO Movie and It. In January 2018, Warner Bros. executive Walter Hamada was appointed as new president of DC Films, to oversee the films in the DC Extended Universe. Hamada has been closely associated with New Line Cinema, and helped develop horror films, such as It and The Conjuring film franchises. (Source from Wikipedia)

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