After the cancelation of Batgirl, fans of DC's superhero films have plenty of cause to be nervous about the future of their favorite films. The DC extended universe has been limping toward the grave for several years now. However, despite the shambling state of their cinematic universe, self-contained DC films have been monstrously successful. Todd Phillips' Joker grossed over $1 billion at the box office on a $70 million budget, and Matt Reeves' The Batman earned north of $700 million during a pandemic. And while a Joker sequel got announced last month, Warner Brothers was seemingly dragging their feet on announcing a follow-up to The Batman.
Well, according to Deadline, Matt Reeves, the visionary mind behind The Batman, just signed a multi-year, first-look deal with Warner Brothers for both film and television projects. Even though a formal announcement hasn't been made, the deal will presumably include a sequel to The Batman and a Penguin HBO Max series starring Colin Farrell.
Warner Bros is going all in on The Batman director Matt Reeves and his 6th & Idaho production company. He has become the first filmmaker given an overall first look film deal since Warner Bros Pictures Group Co-Chairs/CEOs Michael De Luca and Pamela Abdy were hired by Warner Bros. Discovery chief David Zaslav to steer the film division. In addition, Reeves has re-upped with the Warner Bros. Television Group and Chairman Channing Dungey, where he is also working on The Batman spinoff series The Penguin with Colin Farrell.