No Changes Planned for DC Studios Leadership under Skydance

by Shawn Kirk
October 3, 2026
James Gunn and Peter Safran will remain at the helm of DC Studios after Paramount completes its acquisition of Warner Bros. Discovery, sources say.

The duo recently met with Skydance co-CEO David Ellison about their future, and the conversation reportedly went well. Under the new structure, Paramount and Warner Bros. film operations will report to Paramount Pictures co-chairs Dana Goldberg and Josh Greenstein.

Gunn is currently shooting Man of Tomorrow, the sequel to Superman, for release July 9, 2027. His Superman grossed more than $618 million worldwide last year. DC’s upcoming slate also includes Clayface, opening October 23, and Matt Reeves’ The Batman Part II, due February 18, 2028.

Meanwhile, HBO Max’s Lanterns has emerged as a ratings success. Its third episode drew 10 million global viewers in three days, including 7 million in the U.S., while the series’ premiere has surpassed 20 million worldwide.

Gunn and Safran were appointed to lead DC Studios in October 2022 as Warner Bros. Discovery CEO David Zaslav sought to build a centralized franchise operation modeled in part on Disney’s Marvel Studios.

Safran brought an established track record at Warner Bros. and New Line, producing the multibillion-dollar Conjuring franchise as well as DC films including Shazam! and Aquaman. He also produced Gunn’s The Suicide Squad and its HBO Max spinoff, Peacemaker.
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Jscott991 - 2026-10-06 @ 12:23 am
1 hour ago, Satam said:

Gunn's Superman didn't make a billion dollars at the box office, but at $618,723,803 worldwide it apparently made $100 million profit, which even David Zaslav was happy with. Lanterns, Peacemaker, and even Creature Commandos have all been hits for HBO Max (Creature Commandos being only a "moderate hit" for the platform, but apparently a hit nonetheless).

No need to debate this back and forth, but Superman's underperformance at the box office has been widely reported despite its decent-sounding gross number.

Netflix's CEO discussed this at a Senate hearing. The actual deficit number is a source of speculation and depends on how theater cuts are defined. Supergirl, of course, performed catastrophically.

Satam - 2026-10-05 @ 11:07 pm

I really shouldn't have to remind people here to be respectful of differing opinions as long as they aren't bigoted or something. You don't have to agree, but don't be nasty.

8 hours ago, Jscott991 said:

It will be shareholders that will suffer most since Gunn's projects hemorrhage money while producing poor returns.

I'm confident that neither DCU leader will be employed by Skydance on January 1, 2028. The merger happened too late to affect a lot of what's coming out in the near term. But it's all going to underperform and then be scuttled.

Only Supergirl and The Suicide Squad lost money in theaters, and The Suicide Squad was released at the height of the pandemic when people weren't going to theaters, and it was simultaneously released on HBO Max where it did well. Supergirl lost money because of poor reviews and word of mouth. And rightfully so. It's an extremely mediocre movie. The pacing is poor, the action is repetitive, the stakes are handled oddly, and the movie just wasn't exciting, despite good performances from the supporting cast.Gunn's Superman didn't make a billion dollars at the box office, but at $618,723,803 worldwide it apparently made $100 million profit, which even David Zaslav was happy with. Lanterns, Peacemaker, and even Creature Commandos have all been hits for HBO Max (Creature Commandos being only a "moderate hit" for the platform, but apparently a hit nonetheless).

Jscott991 - 2026-10-05 @ 2:53 pm

It will be shareholders that will suffer most since Gunn's projects hemorrhage money while producing poor returns.

I'm confident that neither DCU leader will be employed by Skydance on January 1, 2028. The merger happened too late to affect a lot of what's coming out in the near term. But it's all going to underperform and then be scuttled.

ransomz - 2026-10-03 @ 9:01 pm

I'm glad they're sticking with the new DCU. There's a lot I like about it. I watched Supergirl to see if it was just a victim of misogyny but I found it lackluster, despite the sci-fi setting. The fight numbers looked very choreographed, the story was a bit trite. I'd just watched Mortal Kombat 2 and it also told the story of a vengeful girl whose parents and family were killed by a warlord criminal. Supergirl's growth arc felt scripted. I mean it was scripted, but the whole thing was telegraphed and obvious. Regardless, I want to see where it's going. And please finish the Peacemaker dangling plot lines already.

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