Putu Radar Bahurekso Skydance has completed its USD 81 billion takeover of Warner Bros. Discovery, marking the arrival of a new Hollywood giant.
The deal makes Skydance Corporation one of the biggest players in the media and entertainment industry, with the total transaction valued at USD 111 billion, including debt. It also stands as one of the largest mergers in the industry’s history.
Following the takeover, Skydance co-CEOs David Ellison and Ynon Kreiz have reportedly decided to part ways with DC Studios co-heads James Gunn and Peter Safran. Their replacement is Jeremy Latcham, a mild-mannered producer who was once a key member of Marvel Studios’ executive team before moving to Texas to pursue independent production.
The duo will, however, remain creatively involved in several projects, at least for the time being. Gunn’s Superman sequel, Man of Tomorrow, is already in post-production ahead of its planned release next year.
The television spin-off, The People v. Gorilla Grodd, is also in post-production. Meanwhile, Gunn and Safran will remain attached as producers on The Batman: Part II, which is scheduled for release in 2028.
“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 chairman and CEO David Ellison and co-CEO Ynon Kreiz said in a joint statement.
“We’re grateful for their passion, contributions and commitment to this legendary brand,” they continued.
As for DC fans, they are bracing themselves for yet another reboot, having watched the comic book brand they love go through three different leadership regimes over the past decade.
