DC Studios co-CEO James Gunn has been fairly open about scrapping and delaying multiple planned movie and TV projects that haven't yet developed a workable script. But the legacy of DC's canceled projects goes back far, far deeper than Gunn's time at DC, and now the filmmaker has acknowledged the long line of canceled projects.

Opinion is sharply divided as to how high the superhero pic can fly when it hits theaters, with some suggesting a much lower range of $90 million to $120 million.

James Gunn has disclosed the project, which would serve as the debut for Batman in his revamped DCU. Here's what the Superman director said.