00:00James Gunn and Peter Safran are stepping down as the co-CEOs of DC Studios.
00:04David Ellison's Skydance, which now oversees the division,
00:07has appointed former Marvel executive Jeremy Latcham to take over as president
00:11and chief creative officer of DC Studios, effective December 1st.
00:14The shake-up now puts into question the vast plans Gunn and Safran announced
00:17when they took over DC four years ago.
00:19The duo started off their time leading the studio with a successful launch of Superman last year,
00:24but then stumbled with Supergirl.
00:25Their third movie, their recently released Clayface,
00:27has generated strong reviews and has been a moneymaker.
00:30Gunn and Safran also released several TV shows during their tenure.
00:33The pair will still be working creatively with DC, at least on a few projects,
00:36as Gunn has his Superman sequel, Man of Tomorrow, in post-production,
00:39with the TV spinoff The People vs. Gorilla Grodd also in post.
00:43Gunn and Safran remain producers on The Batman Part II as well.
00:46The plan is for them both to return full-time to their creative work.
00:48As for Latcham, he returns to his executive roots with the role.
00:51He joined Marvel Studios as one of its earliest employees in 2004
00:55and ultimately rose to Senior VP of Production and Development.
00:58His producing credits include Iron Man, The Avengers,
01:00and Spider-Man Homecoming, among others.
01:02It's worth noting that he worked with Gunn on 2014's Guardians of the Galaxy.
01:05For much more on this story, go to THR.com.
01:08For The Hollywood Reporter News, I'm Tiffany Taylor.
01:10For The Hollywood Reporter News, I'm Tiffany Taylor.
01:11For The Hollywood Reporter News, I'm Tiffany Taylor.
01:13For The Hollywood Reporter News, I'm Tiffany Taylor.
01:13For The Hollywood Reporter News, I'm Tiffany Taylor.
01:14For The Hollywood Reporter News, I'm Tiffany Taylor.
