Warner Bros. Discovery CEO David Zaslav faced a direct question on Thursday morning's earnings call with Wall Street analysts: had he considered any change of strategy at DC after Supergirl underperformed? His answer was a catalogue of projects already in motion.

Zaslav said DC co-chief James Gunn is focused on the Superman sequel, Man of Tomorrow, and that stills he had seen looked "amazing." He called the film "fantastic" and said Gunn is working 16 to 18 hours a day. He also said he spoke with director Matt Reeves over the weekend and that Reeves is working hard on The Batman Part II. Two more titles got brief plugs: Clayface, which Zaslav said "looks terrific," and the DC series Lanterns, which he said is launching on HBO in the next few weeks. (The Hollywood Reporter)

The question that prompted all of this was not abstract. Supergirl, a spin-off of Gunn's 2025 Superman film, has grossed $126 million globally — a weak number for a major superhero title. Superman itself took $618 million worldwide. Supergirl is projected to stall at roughly $100 million domestically and $200 million to $210 million globally, according to Variety.

For context, Zaslav is a CEO known for enthusiastic earnings-call endorsements. At CinemaCon in 2023 he called The Flash "the best superhero movie I've ever seen." That film went on to gross roughly $270 million worldwide against a reported budget north of $200 million. (The Hollywood Reporter)

The next DC film to reach cinemas is Clayface, directed by James Watkins from a screenplay by Mike Flanagan and Hossein Amini. It arrives in theatres on 23 October. Beyond that, no release dates have been confirmed for Man of Tomorrow or The Batman Part II.

What the call signals is straightforward: Warner Bros. Discovery is not tearing up the DC roadmap. Gunn's Superman launched the new interconnected slate in 2025, and the company is leaning into its sequels and adjacent titles rather than retreating from them after one miss. The test now is whether Clayface in October, Lanterns on HBO, and eventually Man of Tomorrow can turn that confidence into ticket sales.