DC Studios Developing New Constantine Reboot Amid Continued Development of Keanu Reeves Sequel

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DC Studios is moving forward with a new feature film centered on the supernatural investigator John Constantine, even as the long-gestating sequel starring Keanu Reeves remains in development limbo. According to reports on November 4, 2026, filmmaker Francis Galluppi has been tapped to write a new script for the character, signaling a “dual-track” approach to the property.

Galluppi, known for his work on Evil Dead Wrath, is reportedly developing a project that prioritizes a horror-centric tone. This move follows the significant commercial success of DC’s Clayface, which was released in October 2026 and quickly became the highest-grossing body horror film in history. That film’s performance appears to have solidified the studio’s interest in expanding its “Gods and Monsters” supernatural slate with more mature, genre-leaning entries.

The new project is being developed independently of the sequel to the 2005 Constantine film. While fans have long campaigned for Keanu Reeves to return to the role, progress on that specific follow-up has been slow. Reeves and director Francis Lawrence reportedly submitted a script draft to the studio in October 2025, but the project has lacked major production milestones in the year since.

## The Dual-Track Strategy

The existence of two separate Constantine projects suggests that DC Studios co-CEOs James Gunn and Peter Safran are utilizing the “Elseworlds” branding to manage competing visions. Under this framework, projects that do not fit into the primary DC Universe (DCU) continuity can coexist alongside it.

According to SuperHeroHype, the Galluppi-led film is not intended to replace the Reeves sequel, but rather to provide a fresh interpretation. While the Reeves version remains an active pitch under the Elseworlds banner, the newer project appears to have more current momentum within the studio’s production pipeline.

Industry analysis suggests the new iteration may lean closer to the character’s comic book roots in Hellblazer.

While no casting has been announced for Galluppi’s script, the attachment of a director with a background in gritty horror reinforces the studio’s shift toward more specialized genre filmmaking within the superhero landscape. For now, the Reeves sequel remains “in development,” though it faces an increasingly crowded field of supernatural projects at DC.

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