James Gunn and Peter Safran have exited DC Studios after four years in charge. Paramount completed its $111 billion purchase of Warner Bros. Discovery in October, and the new owners wasted little time reshuffling the chain of command. Jeremy Latcham, a former Marvel executive, takes over on December 1 as president and chief creative officer. Every project from the old regime sits on his desk, waiting for a verdict.

While the new boss is still finding the light switch in his office, one HBO series has already learned that old regime projects come with no job security.

Variety reports that Lanterns has not received a Season 2 renewal from HBO. The series wrapped its first season on October 4, but its future remains uncertain. Neither HBO nor DC Studios has officially confirmed its cancellation. The report emerged a day after James Gunn and Peter Safran announced their departure from DC Studios, adding further uncertainty to the show's future.

Lanterns stars Kyle Chandler as Hal Jordan and Aaron Pierre as John Stewart, and it was the first live-action television show Gunn and Safran launched as studio bosses. Variety says the crime drama posted decent viewership, yet an insider says it is not quite capturing the cultural moment. Even co-showrunner Chris Mundy put the odds of more episodes at a coin flip. The coin, it seems, landed on tails.

'Lanterns' Season 2 Hangs Up in Doubts, DCU Boss Reveals Possible Fate

While Lanterns waits for a final verdict, another Gunn creation is standing in the same hallway with no answers either.

Peacemaker has neither a season 3 renewal nor a cancellation notice, which leaves John Cena in a very awkward waiting room. HBO has not ordered new episodes, and no creative changes have been announced. The decision belongs to Jeremy Latcham, who inherits a slate full of unanswered renewal questions. James Gunn created, wrote, and mostly directed the series, so its fate is tied to him more tightly than that of Lanterns.

After the Season 2 finale in 2025, Gunn said no third season was planned immediately, though he never closed the door. The story was expected to continue through other DC Universe projects instead. Gunn and Peter Safran will still produce a few titles, including The People v. Gorilla Grodd and a new season of Creature Commandos, but nobody has said whether Peacemaker made that list. Lanterns, it seems, lost its glow.

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What are your thoughts on HBO dropping Lanterns after James Gunn exited? Let us know in the comments.