James Gunn DC deal extends into 2027 following Warner Bros and Netflix partnership
James Gunn and Peter Safran have shared fortunate news about the future of DC Studios after Netflix has entered the final stages of acquiring Warner Bros Discovery.
In a new Bloomberg piece, the pair have revealed that their contracts were originally set to expire after four years, in October 2026. However, their contracts have officially been extended all the way into Spring 2027.
Warner Bros Discovery CEO David Zaslav showered praise upon the DC Studios chiefs. First, Zaslav revealed that he appointed the pair to their current positions after reading Gunn’s script for Superman.
He went on to add, “The work of James and Peter, their creative vision, is compelling and a great economic return. There’s no storytelling content that we have that provides a bigger palette than DC, and there’s nobody around right now who can tell these stories with the same imagination and excitement.”
Gunn has doubled down on one part of the new Netflix acquisition that has been up for debate since news of the partnership: The length and necessity of theatrical releases versus the comfort of home releases on streaming platforms.
After insisting that theatrical releases are “incredibly important” for the studio’s output, Gunn added, “The communal, theatrical experience is something that is incredibly important and remarkably well suited to our big spectacle films.”
Looking toward the future, the next effort to arise from the DC Universe will be Supergirl. The first trailer is purported to debut in the next handful of days.
On December 5th, Netflix released a public statement that confirmed an agreement had been reached to acquire Warner Bros Discovery for $72billion. As part of the deal, they have also acquired HBO Max and HBO.
As such, the film industry has been rife with discourse surrounding the potential changes this could have across the board. Nonetheless, while the two companies have reached an agreement, it is yet to be signed off on by the relevant authorities and will likely be scrutinised by competition regulators in the United States.
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