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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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James Gunn Responds To ‘Wonder Woman 3’ Axing, Possible DC Franchise Turnover: “We Are Not Going To Make Every Single Person Happy”

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deadline.com

DC Studios co-head James Gunn took to Twitter to respond to the chaotic news that broke yesterday about Patty Jenkins’ Wonder Woman 3 not moving forward and other DC changes.

You can see the tweets below. In regards to the news that came out yesterday, including buzz that the newly announced Henry Cavill may or may not reprise Superman as well other possible turnover of DC stars and franchises, Gunn says today “some of it is true, some of it half-true, some of it is not true, and some of it we haven’t decided yet whether it’s true or not.” Granted, the optics of Gunn and Peter Safran’s arrival at the studio, and the deep-sixing of Jenkins’ Wonder Woman 3 treatment doesn’t look good optically in the wake the diversity-led-and behind-the-scenes Batgirl getting killed, (that decision made by Warner Discovery CEO David Zaslav).

However, we’re hearing that Jenkins was given the chance to take another stab at a Wonder Woman 3 treatment after receiving notes from all Warner Bros.

motion picture brass (it wasn’t just Gunn and Safran’s decision). There were concerns about character arcs and payoffs, and the threequel emulating similar structural problems ala Wonder Woman 1984.

Read more on deadline.com
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