Founded in 1934 as National Allied Publications, DC is one of the largest and most popular companies. It is the publishing division of DC Entertainment Inc., a subsidiary company of Warner Bros. Entertainment, which itself is owned by Time Warner. DC Comics produces material featuring a large number of well-known characters, including Superman, Batman, Wonder Woman, the Flash, Green Lantern, Captain Marvel, the Teen Titans, Green Arrow, the Justice League and the rest of the DC Universe.The initials "DC" came from the companys popular series, Detective Comics, which subsequently became part of the companys official name. DC Comics is a major, longtime competitor to Marvel Comics, and the two companies share over 80% of the American comic book market.