Deadline is reporting that due to the expansive plans for DC superhero films, Warner Bros. has handed off control of adapting titles from DC's Vertigo imprint to New Line Cinema. New Line is a subsidiary of Warner Bros., headed up by President/CCO Toby Emmerich. Deadline describes Warner Bros. as having "its hands full" with the DC films, with the Vertigo projects considered "subversive" compared to the DC superhero franchises.
Deadline mentions the previously announced The Sandman feature film by actor/director Joseph Gordon Levitt as a potential flagship for the Vertigo film line. Deadline also mentions Constantine, Dark Universe, Preacher and Lucifer, although three of those are upcoming or recent television projects.
New Line was acquired by Warner Bros. in 2008, and is best known for producing the Lord of the Rings films, Rush Hour and the recent films Horrible Bosses and The Conjuring. It has a track record for film adaptations of comic books, going back to 1990's Teenage Mutant Ninja Turtles as well as The Mask and the Blade trilogy. It's also co-producing 2019's Shazam with Warner Bros.