Matt Reeves’ THE BATMAN Universe Will Continue, As THE PENGUIN Season 2 Is Confirmed To Be In Development

Matt Reeves’ THE BATMAN Universe Will Continue, As THE PENGUIN Season 2 Is Confirmed To Be In Development

Exciting news have arrived regarding Matt Reeves’ Batman universe, as a second season of HBO’s The Penguin is confirmed to be in development from DC Studios.

By DanielKlissmman - Dec 06, 2025 03:12 PM EST
Filed Under: The Batman
Source: Bloomberg

Matt Reeves' Batman universe has been a slow build, but it has delivered in every way possible. Following The Batman's release in 2022, it was revealed that Colin Farrell's Oswald Cobb would be given a spinoff show on HBO. The announcement was met with skepticism by some, but any doubt regarding the character's ability to carry his own starring vehicle dissipated when The Penguin premiered. The show became a critical darling, with praise given to its writing, cinematography, and Farrell's performance as the ruthless mobster. 

After the show came to an end, fans eagerly anticipated the announcement of a Season 2. Over time, however, it started to look like the villain would only return in 2027's The Batman Part II. Well, fortunately, as it's just been confirmed that is not the case, because The Penguin Season 2 is officially in development. Bloomberg published an in-depth profile on DC Studios heads James Gunn and Peter Safran.

The article listed all the projects coming from the studio, confirming The Penguin Season 2 to be one of them: "[There's] a lot more in the works: Supergirl and Clayface movies next year, sequels to Superman and The Batman in 2027, a second season of The Penguin and a true-crime series based on super-intelligent villain Gorilla Grodd."

Speaking to Deadline in April, Warner Bros. Television Group CEO Channing Dungey said that, though The Penguin had been designed as a one-off story, the people involved in the project were eager to return to Oz's corner of Gotham: 

"The Penguin is one of those things where—and it's interesting, because when you talk with everyone involved, everyone is interested in possibly revisiting those characters and doing more—it was very much designed as a limited series. But I would never say never. I think if we can get the creative stars to line up in the right way, and the talent is available—because we certainly wouldn't want to do this without Colin [Farrell] and Cristin [Milioti] and that team—I would say it's definitely a possibility, but there's nothing in the works at the moment."

Though there are shows that work great as standalone seasons—particularly prestige ones—The Penguin was positioned perfectly for a continuation. It left open several storytelling avenues (Oswald's increasing ruthlesness, for example) that could make for fascinating plot points in a new season. The Penguin was smart, poignant and emotionally challenging. The superhero genre needs bold projects like it, so it is a welcome surprise to know it will be returning to our screens. 

It's unclear how long development will take on The Penguin's sophomore chapter. In the meantime, Farrell's next confirmed appearance as Cobb is in The Batman Part II, which Bloomberg confirms will start shooting in May 2026. However, the character will have a fairly small role in the highly anticipated sequel. In September, at the Zurich Film Festival (via The Hollywood Reporter), Farrell revealed the size of his part, and praised its script, calling it "deeper and "scarier": 

"I've got an even smaller role in this one. But I'm OK with that... I've read the script, from start to finish, and I can't say much about it. But it's deeper, scarier, the stakes are bigger. I'm really excited to see it."

The Batman Part II is scheduled to arrive in theaters on October 1, 2027. 

What do you think about The Penguin Season 2 being in development? What are you hoping to see in the show? Drop your thoughts in the comments!

About The Author:
DanielKlissmman
Member Since 8/28/2021
Daniel Klissmman is an entertainment journalist who's written for Movie Pilot, CBR.com, Cinemark and AMC Theatres. He loves superheroes with a passion and really wishes he'll one day get to hang out with Moon Knight.
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ProfessorWhy
ProfessorWhy - 12/6/2025, 3:23 PM
At least we have one decent DC universe to enjoy. This is great news
lazlodaytona
lazlodaytona - 12/6/2025, 3:49 PM
@ProfessorWhy - yup. Decent describes Reeves at best. I'd say meloncholy.
ObserverIO
ObserverIO - 12/6/2025, 4:57 PM
@ProfessorWhy - For now.

Reeves will lose power too. Same as Gunn.
Hell even Nolan's universe is no longer off limits. Warners respected his universe out of hope that he would one day return to the studio, but there's no way in hell he's working for Netflix so the Nolanverse is now officially fair game.
Amaru
Amaru - 12/6/2025, 5:09 PM
@ObserverIO - You don't know shit.
ObserverIO
ObserverIO - 12/6/2025, 5:23 PM
@Amaru - You don't know that I don't know shit.
ObserverIO
ObserverIO - 12/6/2025, 5:29 PM
@Amaru - I'll tell you what I do know. There's only one person with his finger on the trigger and it's not Bane, it's Ted Sarandos.

He will make all decisions regarding Netflix's output (once the algorithm has told him what decisions to make of course).

Where do Reeves, Gunn, Safran, Abdy, DeLuca or Zaslav fit into that design. Go on think about it.
oreilly
oreilly - 12/7/2025, 1:32 AM
@ObserverIO - Well, I'm pretty sure I know where Zaslav will be. Staying on as the CEO of the other half of WBD that isn't getting sold to Netflix.
ObserverIO
ObserverIO - 12/7/2025, 3:02 AM
@oreilly - Well yeah. That Zaslav is one smart cookie. He never jumps out of an aeroplane without a parachute.
MisterBones
MisterBones - 12/6/2025, 3:29 PM
The Penguin season 2 kicks on with the Netflix Tudum” sound
ObserverIO
ObserverIO - 12/6/2025, 5:01 PM
@MisterBones - [frick] me smh

save us FTC, you're our only hope.

Only the Justice Department can save the Justice League now.
TheJok3r
TheJok3r - 12/6/2025, 3:29 PM
This indirectly confirms Batman III as well, as this universe wouldn't just end on a Penguin show.

#justiceforvic
lazlodaytona
lazlodaytona - 12/6/2025, 3:48 PM
@TheJok3r - oh, with the new regime, it DEFINITELY could
TheJok3r
TheJok3r - 12/6/2025, 3:52 PM
@lazlodaytona - If Batman II makes a billion or close to it, there's no way they wouldn't green light a third movie.
lazlodaytona
lazlodaytona - 12/6/2025, 3:55 PM
@TheJok3r - yeah. The Batman II is not making a billion+. The Nolan Dark Knight Days are gone.
The first didn't come close to a billion....with Batman being firmly ingrained in the public conscious. Superhero fatigue? There is definitely Batman fatigue since '89.
TheJok3r
TheJok3r - 12/6/2025, 3:58 PM
@lazlodaytona - The first one, which was an unknown reboot at the time, made close to 800 million. Is another 200 really that much of a stretch now that it's an established franchise ?
bobevanz
bobevanz - 12/6/2025, 4:42 PM
@lazlodaytona - how is there Batman Fatigue since '89 yet every Batman since The Dark Knight made more than that one 🤡
jst5
jst5 - 12/6/2025, 4:49 PM
@TheJok3r - Yeah it's going to make a ton of money...anyone saying otherwise is being very naive.The first one made a lot...Penguin season 1 was a huge hit.There is clearly a ton of interest in this world....so yeah it's going to make a ton of money.
ObserverIO
ObserverIO - 12/6/2025, 5:13 PM
@TheJok3r - If Netflix doesn't cockblock it I'll go on record right now that I think it'll easily clear $1 Billion. This universe has succeeded in all the ways they wanted the DCU reboot to succeed. It has connected with the GA. It's a critical darling and commercially promising.

The sequel is where it kicks and cements it's dominion.

However, Netflix doesn't care one iota about box office receipts. If they did they'd give their movies (and series finales) wide releases. They care only about subs and how well something does on their platform.
I'm sure The Batman II and whatever series they follow The Penguin with will be successful enough on their platform to warrant more, but there will be no oversight and no theatrical distribution beyond the obligatory amount required for awards in the minimal amount of cinemas necessary, no marketing for the theatrical release and they'll probably drop it day and date on the streaming service too, so no one but the hardcore cinephiles will see the third one in the cinema.

Sorry to piss on your parade. It's my parade too and it's really Netflix that's pissing on us, I'm just pointing them out.
WalletsClosed
WalletsClosed - 12/6/2025, 5:27 PM
@ObserverIO - It's not even going to make close to 1 billion. The egregiously long wait time solidified that. No one is waiting 5 years for a mediocre sequel to a bad parody of a movie.
WalletsClosed
WalletsClosed - 12/6/2025, 5:27 PM
@TheJok3r - It's not even going to make close to 1 billion. The egregiously long wait time solidified that. No one is waiting 5 years for a mediocre sequel to a bad parody of a movie.
ObserverIO
ObserverIO - 12/6/2025, 5:33 PM
@WalletsClosed - Try not to spit out your bubble tea when it makes 2 billy.
TheJok3r
TheJok3r - 12/6/2025, 10:00 PM
@ObserverIO - Netflix doesn't have anything that can make what a Batman movie can make though. It's one thing to have a limited release for a movie like Knives Out, but a potentially billion $ movie like Batman ? that's a different story. I think certain properties like DC, Harry Potter, and Middle Earth will be treated differently.
TheJok3r
TheJok3r - 12/6/2025, 10:31 PM
@WalletsClosed - At least people are waiting for something real. How's that Justice League 2 from Snyder coming along ? I'm sure it'll be out any day now.
oreilly
oreilly - 12/7/2025, 1:41 AM
@lazlodaytona - Batman has been in the public conscious for 35+ years. The Batman made $770M so not as far off a billion as you're making it seem. Considering Batman Begins made $370M and then The Dark Knight jumped up to $1 billion, it wouldn't be ridiculous to think The Batman 2 could make a billion as well. A great marketing campaign and the success of The Batman and Penguin could help make that happen.
oreilly
oreilly - 12/7/2025, 1:46 AM
@WalletsClosed - I didn't realize you've seen the Batman 2 yet? Where did you get the advance copy from? You can make all your thoughts about The Batman public all you want, but the facts are that The Batman was a huge success with fans, critics and financially. The Penguin was a huge success with fans, critics and HBO. A huge majority are loving this universe so a lot of people are going to see it.
lazlodaytona
lazlodaytona - 12/7/2025, 9:30 AM
@bobevanz - inflation
TheNewYorkerr
TheNewYorkerr - 12/6/2025, 3:30 PM
Great news.
TheRationalNerd
TheRationalNerd - 12/6/2025, 3:30 PM
I trust Reeves as a grand storyteller but I really feel like we could've focused on different characters as a greater anthology series of Batman's villain gallery.

Colin killed the role though, so as long as the story is great then we should be fine.
lazlodaytona
lazlodaytona - 12/6/2025, 3:48 PM
@TheRationalNerd - Reeves is generic at best
TheRationalNerd
TheRationalNerd - 12/6/2025, 7:35 PM
@lazlodaytona - To each his own. Planet of the Apes franchise speaks for itself.
lazlodaytona
lazlodaytona - 12/6/2025, 3:45 PM
Kinda sad when a spinoff series, with the soon to be defunct HBO Max, outshines the actual Batman movie it came from.
TheVisionary25
TheVisionary25 - 12/6/2025, 4:15 PM
Cool if that is indeed the case since I was a big fan of S1!!.

If S2 does happen , I could see it being Oz having to deal with a rival crime boss trying to encroach on his territory…

This new crime boss could be Roman Sionis/Black Mask or Ignatius Ogilvy.

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Repian
Repian - 12/6/2025, 4:24 PM
I want to see Two-Face's origin story this season so the character can make a big impact in Batman Part III.

Two-Face should look similar to Donald Cooperman from Goliath:
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The plot of season two could be based on "The Long Halloween," when a gunman carries out gruesome attacks, causing The Penguin, Sofia, and Selina to turn on each other as they blame one another. But is the newly appointed district attorney instigating a gang war?

Each episode should be titled after a holiday.
Batmangina
Batmangina - 12/6/2025, 4:35 PM
If The Batman II happens and turns the kind of profit they need it to, I'll livestream eating a bug.

IT'S OVER, KIDS.

Marvel is a Princess Brand
Star Wars is [frick]ing lost in space.
Indiana Jones is in assisted living after a horrible beat down.

Now the DCU is on borrowed time. NONE of the slated projects will earn enough to justify their budgets - they're gonna have to find another money laundering operation.
ModHaterSLADE
ModHaterSLADE - 12/6/2025, 4:38 PM
Always thought Farrell was a good actor, but him as Penguin is especially impressive. Glad to hear it.
Matchesz
Matchesz - 12/6/2025, 4:40 PM
Praise baby jesus hallelujah !
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