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A new report suggests the power structure at DC Studios—led by James Gunn and Peter Safran—could change should a merger between Paramount and Warner Bros. Discovery happen.

Netflix has a deal in place to buy Warner Bros. Discovery’s studio and streaming assets, including HBO/HBO Max, but regulatory hurdles loom.  Param

But first there had to be a foundation, and while Tim Burton’s Batman in 1989 was a big part of that foundation, and even bigger part was Richard Donner’s Superman in 1978. Before that, as far as filmed DC adaptations went, there was just the backdoor pilot Superman and the Mole Men and the comedic big screen adaptation of the Batman TV series.

It would be stupid for Netflix to buy Warner Bros. and then kill James Gunn’s DC Universe, but none of these companies are known for not being stupid.

The studio owns the only remaining massive trove of iconic IP in Hollywood. No wonder Ted Sarandos and David Ellison are battling to lock it up.

Warner Bros. and DC Studios are set on making Supergirl as big of a success as possible, as they’ve launched an ambitious new marketing campaign with TikTok.