DC Comics to remain in New York

DC Entertainment is to relocate to Burbank, CA while its comic publishing division remains in New York.

Announced earlier today by DCE president Diane Nelson, the move was initiated to integrate DC properties into Warner Bros Entertainment's content and distribution operations.

"These organisational changes reinforce the strengths of DC's greatest legacies - most importantly its people and its creative talent - and offer greater opportunity for maximum growth, success and efficiency in the future," said Nelson.

"Our two offices will stretch and build their respective areas of focus, while prioritising and aggressively striving to connect and co-operate more strongly than ever before between them and with their colleagues at Warner Bros."

Warner president Jeff Robinov added: "This strategic business realignment allows us to fully integrate and expand the DC brand in feature films as well as across multiple distribution platforms of Warner Bros and Time Warner.

"We are creating a seamless, cohesive unit that will bring even more great characters and content to consumers everywhere."

The relocation process is expected to be completed by the end of next year.