Gunn, Safran named to lead DC film and TV studios

Reuters

Published Oct 25, 2022 04:59PM ET

Updated Oct 25, 2022 05:55PM ET

(Reuters) - James Gunn and Peter Safran (EPA:SAF) were named co-heads of Warner Bros Discovery (NASDAQ:WBD)'s DC studios on Tuesday to oversee film, television and animation projects featuring popular characters such as Wonder Woman, Batman and Superman.

Gunn and Safran have brought heroes from the Marvel Cinematic Universe and DC Universe to hit films including "Guardians of the Galaxy," "Aquaman" and "The Suicide Squad."

They start their new jobs on Nov. 1 and "will spearhead the development and execution of a long-term plan for the many properties licensed from DC Comics," Warner Bros said in a statement.

Despite a vast stable of well-known DC Comics characters, Warner Bros has been unable to match the success of Walt Disney (NYSE:DIS) Co's rival superhero studio Marvel, which has produced "Avengers: Endgame," "Spider-Man: No Way Home" and other mega-hits.