Team Downey was based at Warner Bros. since its founding in 2010, but left in October 2016, when the company received a first look deal with Sonar Entertainment. It will still be part of Warner Bros' "top priority projects" such as a live-action adaptation of Pinocchio. An expanded media franchise based on Guy Ritchie's Sherlock Holmes (2009) and Sherlock Holmes: A Game of Shadows (2011) consisting of a third feature film and two HBO Max streaming television series as of April 2022.