Chris Long will produce the Shia LaBeouf- starrer project via his and Ayer's Cedar Park Entertainment, along with Cross Creek Pictures.
With a sequel, Netflix hopes to turn Bright into its first film franchise — the kind Hollywood studios rely on.
Bright movie review: Will Smith, Joel Edgerton's strong performances can't save this cluttered Netflix film
The biggest problem with the $100 million Netflix film Bright is that it is trying to be too many things at the same time.
Will Smith and Joel Edgerton were both forthcoming during the discussion and had common views on a number of issues.
Netflix just came out with the new and final trailer for its upcoming original film Bright.
Mel Gibson might take the reigns from David Ayer because the film's mixed response at the box-office.
If things would have gone as planned, this actor would have been on screen alongside Margot Robbie and Will Smith in Suicide Squad.
Suicide Squad, written and directed by David Ayer, despite trying out new things is still as underwhelming as Batman vs Superman in parts and much worse in some others
The theory goes that The Joker in the Suicide Squad movie is actually Jason Todd, Batman's former partner Robin who crossed over to the dark side.
One would probably expect a darker, more twisted trailer for a film about a bunch of crackpot villains coming together to 'save' the world but Suicide Squad's trailer comes as a surprise, and a kickass one at that.
Ayer posted a cast picture of a fully costumed Suicide Squad on twitter, standing at the backdrop of Belle Reve, which is a fictional prison where the squad is held captive.
The first official look of actor Jared Leto's incarnation of The Joker in Suicide Squad shows him shirtless, looking unrecognisable with green hair, crazed eyes, rotten teeth, and a body full of tattoos.