Keanu Reeves’ DC Return Gets Encouraging New Update Amid Major Studio Changes

Published Nov 11, 2026, 4:23 PM EST Andy Behbakht has worked as an entertainment journalist since 2010, covering all the latest in Hollywood on both the big and small screens, from staying on top of the biggest breaking news, analyzing movies and television shows in Hollywood, to in-depth interviews with actors and storytellers. Andy's career includes having worked for publications such as FanSided, KSiteTV, TV Fanatic, It's Just Movies, Heroic Hollywood, TV Overmind, and more. Outside of his career as an established reporter, Andy is the host and producer of The Showrunner Whisperer, The Flash Podcast, the editor-in-chief of Multiverse of Color, and the network director of DC TV Podcasts. One major DC project may still be happening despite James Gunn and Peter Safran's time as co-CEOs coming to an end. While the DC Universe franchise has been slowly expanding since its inception in 2024, the future is currently unknown after 2027's Man of Tomorrow, with the current regime at DC Studios set to step down when Jeremy Latcham takes over on December 1. However, while the world waits to see what will become of the main continuity, the Elseworlds banner may still be going forward beyond Matt Reeves' The Batman - Part II. In a new interview with Collider, Francis Lawrence, who directed the original 2005 film and is attached to helm Constantine 2, finally gave a new update on the sequel, only days after the shake-ups at DC Studios. The filmmaker stated, "Well, I’ll tell you this. Not that I want anybody to lose their jobs, so this is not like a schadenfreude kind of thing, but I will say that we’ve been trying to make Constantine 2 for 20-something years, and we have an idea, and we have a script, and we’ve been wanting to make it, and the people that were at DC were an impediment to us making it." He elaborated, sharing, "So, we are now more hopeful as of yesterday’s news that maybe now there will be another opportunity. But again, we’ve been trying to make this for 20-something years, and there’s always been obstacles in the road to making it, and it’s not me, it’s not Keanu, it’s not Akiva." While sharing that "J.J. [Abrams] is on it, as well. We all want to do it," Lawrence stressed that "it’s really going to be people at Paramount, Warner, whoever’s running DC now, getting everybody on board to say, like, 'Hey, we can do a sequel of our version of Constantine.'" Lawrence's Constantine 2 update comes a month after the sequel was listed as one of the projects still in development under Skydance, following Warner Bros. Discovery's merger with Paramount. However, it's key to take into account that the new regime has yet to speak on the sequel. It's also worth taking into account that prior to the announcement that Safran and Gunn were exiting as co-CEOs, it was reported that a new Constantine film, unrelated to Reeves' franchise, was in early development. Evil Dead Wrath's Francis Galluppi was revealed to be working on the script, but as of writing, DC Studios hasn't come out with any statements about that project. To this point, very little is known about what the direction would be for Constantine 2, other than that it would obviously take place several years after the first film. Whether or not there would be DC connections from the larger Hellblazer mythology remains to be seen, as it will all depend on whether it progresses under the upcoming regime. 2005's Constantine is available through home media release and on streaming, with no release date set for Constantine 2. Director Francis Lawrence Writers Akiva Goldsman Producers J.J. Abrams, Akiva Goldsman, Hannah Minghella, Lauren Shuler Donner Prequel(s) Constantine Executive Producer(s) Lorenzo di Bonaventura, Erwin Stoff