Warner Bros. Pictures, a privately owned entity and a flagship division of Warner Bros. Discovery, is headquartered in Burbank, California. Founded in 1923, the studio operates with approximately 540 employees. The company specializes in the production and distribution of feature films, typically releasing 18–22 films annually. Its slate includes major franchises such as the DC Universe and Harry Potter, alongside independent dramas and comedies. Operating as a vertically integrated entity, Warner Bros. Pictures manages every phase of the filmmaking process. The studio also provides facilities and technical services to third-party productions.