Watch: Dwayne Johnson confirms Black Adam won't be part of DC's 'first chapter' under James Gunn
Black Adam – which starred Johnson as the titular character – was released this summer to a lukewarm reception from fans. It was initially hoped the film's success would lead to its own franchise.
However, with James Gunn and Peter Safran taking over DC Studios with plans to reboot the entire universe – Johnson has confirmed Black Adam 2 has become the latest film to not make the cut, at least in the initial stages.
In a statement posted on Johnson's social media, the actor and producer on the project wrote: "My passionate friends, I wanted to give you a long-awaited Black Adam update regarding the characters future in the new DC Universe.
"James Gunn and I connected, and Black Adam will not be in their first chapter of storytelling.
"However, DC and Seven Bucks have agreed to continue exploring the most valuable ways Black Adam can be utilised in future DC multiverse chapters."
Assuring fans there was no bad blood, Johnson continued: "James and I have known each other for years and have always rooted for each other to succeed. It’s no different now, and I will always root for DC (and Marvel) to win and WIN BIG.
"You guys know me, and I have very thick skin – and you can always count on me to be direct with my words.
"These decisions made by James and DC leadership represent their vision of DCU through their creative lens."
"After 15 years of relentless hard work to finally make Black Adam, I am very proud of the film we delivered for fans worldwide. I will always look back on the fan reaction to Black Adam with tremendous gratitude, humility and love," he continued. "We did great."
He concluded by sending love to his fans across the festive period.
James Gunn later reposted the statement, and assured fans by saying: "Love [The Rock] & I’m always excited to see what he & Seven Bucks do next. Can’t wait to collaborate soon."