Peter Safran
Warner Bros. Discovery CEO David Zaslav "made a very bold and courageous decision to cancel it," Safran said.
"No one was minding the mint," James Gunn said. "They were just giving away IP like they were party favors to any creators who smiled at them."
DC head James Gunn added that "thousands of people" are behind "The Flash," and the film should not be punished for lead star Miller's actions.
Other projects such as "Waller" starring Viola Davis, a series about Wonder Woman's birthplace, and a film on "The Authority" are all in development.
"You have no idea the reasonings behind any of the decisions that are going on. The amount of conjecture and rumor mill and drama and nonsense that keeps getting spun around out there on Instagram and Twitter is laughable."
A treatment for the sequel by Jenkins and Geoff Johns went in the wrong direction for the studio, IndieWire has learned.
Zaslav also teased that DC would develop a new Superman film, and promised a more streamlined approach to DC content.
Gunn can still direct. Safran's company still has a deal with WBD. But for the next four years, their shared Job One is shaping a long-term cinematic vision for the comic-book brand.
The "Suicide Squad" and "Peacemaker" writer/director joins forces with "Aquaman and the Lost Kingdom" producer to oversee DC.
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