James Gunn, Peter Safran to Lead Film, TV Division – The Hollywood Reporter

The hierarchy of power in the DC universe really is changing.

In a stunning turn of events, filmmaker James Gunn and producer Peter Safran have been tapped to lead DC’s film, TV and animation efforts as co-chairs and co-CEOs of DC Studios, a newly formed division at Warner Bros. that will replace DC Films.

The unprecedented move, in which a top director will assume a top executive post, marks the end of a months-long search by Warner Bros. Discovery CEO David Zaslav to replace DC Films boss Walter Hamada, who departed the studio last week. That search had all of Hollywood guessing and playing executive bingo for who will get one of the most coveted — and challenging — jobs in town.

In recent weeks, Gunn and Safran were spotted on the Warners lot, meeting with Warners film co-chair Michael De Luca about future projects. And according to sources, the initial overture to Safran and Gunn came from De Luca over the summer, even as the studio was in shaky talks with Dan Lin to take the job.

Gunn will focus on the creative side, while Safran will focus on the business and production side of things. Both are expected to continue to direct and produce projects, respectively. They will report directly to Zaslav, and work closely with Warners film bosses De Luca and Pamela Abdy. Sources say the deal runs four years and Gunn will be exclusive to DC. The goal is for them not just to be producers, but to truly function as execuctives even as Gunn will occasionally hone a movie.

Unlike Marvel Studios, DC has multiple films set in separate creative universes, and according to sources, Joker filmmaker Todd Phillips’ work on the upcoming sequel, which goes into production later this year, will not fall under Gunn and Safran’s purview and instead will be overseen by De Luca and Abdy. Matt Reeves, who worked under Hamada, has a budding universe based on The Batman movie. It is unclear under whose purview Reeves’ future projects would fall, but everything else moving forward would be under Gunn and Safran.

“DC has among the most entertaining, powerful, and iconic characters in the world and I am thrilled to have the singular and complementary talents of James and Peter joining our world-class team and overseeing the creative direction of the storied DC Universe,” said Zaslav in a statement. “Their decades of experience in filmmaking, close ties to the creative community, and proven track record thrilling superhero fans around the globe make them uniquely qualified to develop a long-term strategy across film, TV, and animation, and take this iconic franchise to the next level of creative storytelling.”

Gunn is one of the more respected minds in the world of comic book filmmaking. He came up in the indie film space, and became an A-list filmmaker in 2014 with Marvel Studios’ Guardians of the Galaxy and its 2017 sequel. He jumped to DC in 2018 to develop The Suicide Squad after rival Marvel fired him as director of Guardians of the Galaxy Vol. 3. (The studio later reinstated him, and that project is due out in May 2023.) His DC foray The Suicide Squad was…