James Gunn to become DC's Kevin Feige as he's given Co-CEO role

Filmmaker James Gunn has been named as the new co-CEO of DC Studios alongside producer Peter Safran.

Gunn and Safran, both 56, will lead the new division of Warner Bros, DC Studios, which is taking over from DC Films to replace its film, TV, and animation releases.

As first revealed by the The Hollywood Reporter, the creative side of operations will be handled by Gunn while the business and production aspect of the business will be dealt with by Safran.

Gunn has since confirmed his new job on Twitter, sharing the announcement in an article and writing: "Accurate. So pleased to be here. #DC"

News of the new co-CEOs comes after a long search to replace Walter Hamada, who officially left the position last week, having been the president of DC Films since 2018.

Gunn's new role was met with much excitement on social media.

Actor Rahul Kohli congratulated the filmmaker, writing: "Congratulations James, the future of DC is in safe hands."

This was echoed by Matt Ramos, who added: "JAMES WE LOVE YOU! You are the man! DC fans are celebrating right now."

The news was also celebrated by WBD CEO David Zaslav in a statement too.

He wrote: "DC has among the most entertaining, powerful, and iconic characters in the world and I am thrilled to have the singular and complementary talents of James and Peter joining our world-class team and overseeing the creative direction of the storied DC Universe.

"Their decades of experience in filmmaking, close ties to the creative community, and proven track record thrilling superhero fans around the globe make them uniquely qualified to develop a long-term strategy across film, TV, and animation, and take this iconic franchise to the next level of creative storytelling."

As well as expressing his excitement on Twitter, Gunn released a joint statement with his new co-CEO, Safran.

They said: "We're honoured to be the stewards of these DC characters we’ve loved since we were children.

"We look forward to collaborating with the most talented writers, directors, and actors in the world to create an integrated, multilayered universe that still allows for the individual expression of the artists involved.

"Our commitment to Superman, Batman, Wonder Woman, Aquaman, Harley Quinn, and the rest of the DC stable of characters is only equaled by our commitment to the wonder of human possibility these characters represent.

"We're excited to invigorate the theatrical experience around the world as we tell some of the biggest, most beautiful, and grandest stories ever told."

One thing is for sure, while the structure of DC might have changed, its future looks brighter than ever.