Ending a year of industry speculation and acute employee anxiety, DC Entertainment President Diane Nelson announced today that the company's multimedia business operations -- including feature films, television, digital media, video games and consumer products -- and its administrative wing will be relocating to Burbank, California, home of parent company Warner Bros. Entertainment. DC Comics, DC Entertainment's publishing division, will remain in New York City.

Meanwhile, in a separate post on DC's Source blog, DC Comics Co-Publishers Dan DiDio and Jim Lee announced the company will cease to publish comics under the WildStorm banner as of December. The imprint's WildStorm Universe titles will end (though its characters are promised to return), its licensed and kids' titles will instead be released as part of DC proper, and its editorial team will be restructured and folded into the Burbank-based DC Comics Digital wing. Finally, the struggling Zuda imprint, which already saw its foundational website shuttered in July, will cease to exist after this week, its future titles to be released under the DC banner.

Stay tuned to Comic Book Resources and Robot 6 for much more on these developments.