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Time Warner buys DC Comics.... wait, what?

Looks like having over five years of rival Marvel make a mockery of you by producing numerous films, without owning a studio will embarrass you. Warner Bros has reorganized DC Comics to... well, I'm still trying to figure out what the story is. Nikki Finke is reporting it here (and here and here), and Chud is analyzing it.

Obviously, this is not a reaction to the Disney purchase of Marvel, but much more likely a reaction to (I like to repeat myself) the humiliation of Marvel making much bank on its characters though movies, while actresses actually age into and out of consideration for the Wonder Woman movie.

Why not? Mark Evanier is smarter than me.