James Gunn has been reinstated by Disney to direct Guardians of the Galaxy Vol. 3.
According to Deadline, “Walt Disney Studios president Alan Horn met with Gunn on multiple occasions to discuss the situation. Persuaded by Gunn’s public apology and his handling of the situation after, Horn decided to reverse course and reinstate Gunn.”
However, Gunn is already signed on to write and direct The Suicide Squad for Warner Bros. Therefore, Marvel Studios has agreed to commence production on Guardians of the Galaxy Vol. 3 after Gunn completes Suicide Squad.
It looks like everyone wins, especially the fans.