EXCLUSIVE: As you must know by now, in the past 48 hours, Joel Silver had his $160M movie Speed Racer tank at Warner Bros, and his TV series Moonlight axed by CBS. And, because of his many faults, most of the town is ecstatic over it. And, to make matters worse, everybody and their dry cleaner have heard today’s rumor that Warner Bros is supposedly cancelling or at the very least not renewing his deal there. Page Six is even writing about it tomorrow. But a Warner Bros spokesman told me officially today that Silver is and will be staying at the studio. So I phoned up Joel who just gave me this info exclusively: ”My deal has a year and a half to go. I won’t renew it until the deal is up. And my Dark Castle deal has 16 movies released through Warner Bros which are independently funded, and which we have all the money for. And the first one is the Guy Ritchie movie, RocknRolla, which will be in October.”

Look, say what you will, but Silver’s Lethal Weapon series and Matrix movies made gazillions for Warner Bros. Of course, he and the studio are down in the dumps about Speed Racer‘s disastrous opening. “Everyone is disturbed about this. I know there’s a long list of Hollywood types right now kinda elated about that. But Warner Bros is my family, I’ve been there for 22 years, and we’re fine. But I can’t stop the slings and arrows of the world around me.”

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Editor-in-Chief Nikki Finke - tip her here.