Look! Up in the sky! It’s another Hollywood exec shakeup. This time, it’s James Gunn and Peter Safran, abruptly ousted as DC Studios chiefs just weeks after they were included in the new Skydance leadership team. Their replacement? Jeremy Latcham, a former Marvel executive whose appointment signals more than a changing of the guard: DC will now report up through Skydance film chiefs Dana Goldberg and Josh Greenstein rather than directly to David Ellison — oh wait, except for the part of the iconic comic brand that’s going to the ascendant Casey Bloys.
But the bigger question hanging over Hollywood is where Ellison plans to find the $6 billion in cuts he’s promised in order to manage that $80 billion in debt. And the clues are already there: In the first nine months of 2026, Paramount slashed its combined television and streaming spending by $570 million compared with the previous year. Now Ellison is preparing to apply that same playbook to the much larger Warner Bros. — with $1.8 billion in savings targeted for 2027 alone. Elaine Low and Sean McNulty unpack when the layoffs could hit, where else the cuts will come from and whether Ellison can slash his way to profitability without gutting the business he’s just bought.
Plus: why Skydance is licensing more content to rivals like Netflix, when HBO Max and Paramount+ could finally become one streaming service and why the 2028 Super Bowl may be the deadline to watch. (Just don’t ask about Digger.)
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