Time Warner will turn to heroes, more hits from the creator of Harry Potter and the surprisingly successful Lego franchise to drive its box office numbers higher.
The film studio plans to release at least 10 superhero movies over four years from its comic book unit DC Entertainment, beginning with 2016's "Batman v Superman: Dawn of Justice." ''Wonder Woman," ''Justice League Part One" and "Aquaman."
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It plans to release three Lego sequels after the "The Lego Movie" packed theaters across the country and it will also release three movies written by "Harry Potter" author J.K. Rowling.
The studio also says it signed a deal to bring popular TV series "Friends" to video-streaming service Netflix Inc.
Shares of Time Warner Inc. rose 50 cents to $71.14 in afternoon trading Wednesday.