The DC Universe is getting a shakeup.
In a stunning development, James Gunn and Peter Safran are exiting as co-CEOs of DC Studios, four years after they were hired to oversee a reboot of the superhero brand, The Hollywood Reporter and Variety reported on Monday, Nov. 9.
The duo is being replaced by Jeremy Latcham, who has produced a number of films for DC's competitor, Marvel. He will serve as DC Studios' new president and chief creative officer.
"James and Peter launched a new era for DC Studios and led it through a period of real transformation, resetting the foundation and building a slate we're incredibly proud of," Skydance CEO David Ellison and co-CEO Ynon Kreiz said in a statement, per The Hollywood Reporter. "We're grateful for their passion,
contributions and commitment to this legendary brand."
Gunn confirmed the news in a statement on Threads on Nov. 9 and thanked "all of you who have supported me" since he began the job.
Gunn and Safran have served in their roles at DC since 2022 and relaunched the company's movies and TV shows as part of a shared world called the DC Universe, which officially began in 2024 with the animated series "Creature Commandos" and continued into its first movie, the 2025 Gunn-directed "Superman."
In June, the second movie in the DC Universe, "Supergirl," flopped at the box office and earned mixed reviews.
The move comes weeks after the merger between DC Studios' owner, Warner Bros., and Paramount Skydance was completed on Oct. 6, but Gunn had previously suggested he and Safran would stay in their roles. In October, Gunn told The Hollywood Reporter that Ellison "said he wanted to continue on with what we were doing" and that he and Safran outlined their DC plans for him.
This is a developing story that will be updated.
This article originally appeared on USA TODAY: DC Studios bosses James Gunn, Peter Safran out in stunning shakeup
