James Gunn and Peter Safran Leave DC Studios After Four Years

James Gunn and Peter Safran are stepping down as co-CEOs of DC Studios after four years at the helm. Their departure comes after the $111 billion acquisition of Warner Bros. Discovery by Skydance closed in October. The duo will return full-time to creative work.

Jeremy Latcham, a Marvel veteran, will take over as president and chief creative officer. He will report to Dana Goldberg and Josh Greenstein, co-chairs of Skydance Motion Picture Group. Their time as co-CEOs ends on December 1st.

“Thanks to all of you who have supported me and Peter in our time as the heads of DC Studios.”

During their tenure, DC released Superman, Supergirl, and Clayface, along with TV shows Creature Commandos, Peacemaker, and Lanterns. Superman earned $618 million worldwide, while Supergirl grossed $126 million against a $170 million budget. Clayface brought in $109 million on a $44 million budget.

In a joint statement, Gunn and Safran said they are proud of uniting DC under one creative vision. They expressed eagerness to see what Latcham brings to the studio. Both plan to return to telling stories they love, including the next chapter of Man of Tomorrow.

Gunn also shared a personal statement on Instagram. He described his time at DC Studios as trying and mentioned disliking the corporate nature of the job. Gunn is currently directing Man of Tomorrow, expected to hit theaters next summer.

David Ellison and co-CEO Ynon Kreiz praised the pair for leading DC through a period of real transformation. They stated they have complete confidence Gunn and Safran will ensure a smooth transition. Latcham joined Marvel Studios in 2004 and rose to senior VP of production.