On November 4, Deadline reported that DC Studios was developing a new Constantine movie. Five days later, Skydance announced that the executives who set DC's slate in motion, James Gunn and Peter Safran, are leaving. Jeremy Latcham takes over as president and chief creative officer on December 1. Everything on the DC calendar now has a question mark, and the least-protected project is the one that was only just announced.
Why Constantine is the most exposed
Look at where the project stood. There was a director-slash-writer, Francis Galluppi, whose exact role outlets still disagree on, and nothing else: no cast, no release date, no greenlight. ComicBookMovie reported that Safran said last month the project was in progress. That makes it a pitch from the outgoing regime with no money spent on it, which is the easiest thing for a new boss to shelve. MakeUseOf's list of at-risk DC projects says it "may well not see the light of day." I'd put it the same way: not dead, but the first one I'd bet against.
The money argument is stronger than any other. The Hollywood Reporter, via GeekTyrant's summary and citing anonymous sources, says Skydance felt DC's films under Gunn and Safran weren't good for business, and wasn't interested in building around films that barely break even. Clayface was a modest hit, per that account. A character whose appeal is a modest-budget, hard-edged horror tone doesn't sound like an obvious Skydance priority.
Then there's the faith angle some fans are raising. Kotaku reported on November 9 that Latcham has spoken to the Christian Broadcasting Network about how his Christian upbringing shaped his early Marvel work, including worrying about what his grandparents would think of certain jokes. That is the whole of what's reported. Nothing says it will affect what DC makes, and Kotaku itself treats fan worry as speculation. Budget and box office are the likelier problems for a project like this.
Hellblazer, Vol. 1: Original Sins (Vertigo) (Affliate link - for readers who want the comic Constantine actually comes from. Amazing stuff)
What's reported on the rest of the slate
Man of Tomorrow. The Superman sequel is dated for July 9, 2027, with Gunn directing. Skydance's announcement says Gunn and Safran will stay on for its post-production, so this one looks protected. What may not survive is what came after: THR reports Gunn had started writing a third Superman film, possibly a Justice League film, and that those plans "may now be dead," per GeekTyrant.
The Batman Part II. This is not the exit some headlines suggested. Warner Bros. and DC said production was paused while Matt Reeves dealt with a family matter. Collider, citing Deadline, reported on October 15 that Steven Soderbergh would direct the final weeks of filming, and that Reeves is expected to return for post-production. The film is dated for February 18, 2028. Whether the Reeves and Pattinson series continues past this film is speculation.
Everything else. MakeUseOf says HBO hasn't renewed Lanterns for a second season, that Paradise Lost was scrapped, and that The Authority was all but canceled earlier. SlashFilm, citing TheWrap, says lesser-known heroes like Supergirl won't get a greenlight for now, that Green Lantern is among Skydance's A-list priorities, and that David Ellison wants a Justice League movie as soon as possible. Swamp Thing and The Brave and the Bold have no reported status.
What we don't know yet
All of this is a read on a leadership change, not a slate announcement. Latcham doesn't start until December 1, and he hasn't said which projects he's keeping. Until he does, treat any list of what's "dead" as an educated guess.
Keanu Reeves, who starred in the 2005 film. He has not been reported as involved in the new project. Photo: Gabriel Hutchinson / Wikimedia Commons, CC BY-SA 4.0