Entertainment

Batgirl’s ax fuels speculation about HBO Max’s future

Fans and the industry are still reeling from the shocking decision that Batgirl, a $100 million movie already shot, could be made.

bat girl was commissioned by Warner Bros. streaming platform HBO Max and was not intended for cinema.

Leslie Grace starred as Batgirl, and Michael Keaton, Brendan Fraser, and J.K. Simmons were also due to appear. The directors were Adil El Arbi and Bilal Farah, who were hired as commercially successful patrons. bad boys for life.

first report of bat girlthe ax of Suggested that it did something very bad to early test viewers, was declared irreparable, and had a small scale bat girl It didn’t stand out from other DC movies.

The latter is a weak argument, as DCEU movies are notoriously tonal and no small entry disrupts the kind of grand and cohesive vision Marvel has.

And now there are a growing number of sometimes conflicting reports that point to a move that is much bigger than just a problem. bat girl.

because bat girl It wasn’t the only nearly completed title that got the axe.

Scoob: Holiday Hunta $40 million animated sequel to the 2020 movie scoob, was also discarded.favorite bat girl, Scoob: Holiday Hunt It was commissioned by HBO Max and has now never seen the light of day.

Additionally, the third season Little Ellen, the Ellen DeGeneres animated series was also canceled despite delivering the finished product.When Big Dthe reality series set to premiere in two weeks on American television network TBS got the chops.

Both HBO Max and TBS are owned by parent company Warner Bros. Discovery.

media coverage in variety According to Deadline, an unnamed industry source claims the move has more to do with tax reasons than the quality of the work pushed to the curb.

By canceling these completed movies and TV shows now, Warner Bros. Discovery can write them off in an accounting operation. Those movies and shows might be worth more dead than alive.

Warner Bros. Discovery is due to report financial results later this week, and since the company had just merged from Discovery and Warner Bros., there was a limited time frame to make the most of these accounting tricks. The timing is very suggestive.

That’s another factor.

The two former media companies completed their merger in April, and since then CEO David Zaslav has been busy consolidating the combined business. Zaslav comes from the Discovery side of the merger, and in the process many senior Warner Bros. executives left the company, including boss Jason Killer.

Zaslav has a reputation for being a spendthrift, relentlessly culling what he sees as underperforming properties.

The most high-profile so far was Zaslav’s decision to allow CNN+, a streaming platform that spent $300 million to build and launch. Zaslav said he stepped away from the CNN+ show after just one month. Apparently, the number of early subscribers was overwhelming.

All of this raises questions about the future of HBO Max, Warner Bros. streaming platform and home to huge TV franchises such as: game of thrones/House of the Dragon When sex and the city/and just like that.

HBO Max last reported 78 million global subscribers after two years of operation. It migrated millions of existing subscribers from its previous streaming iteration, HBO Now.

HBO Max does not operate in Australia and HBO/HBO Max programming can be accessed through a number of local distribution deals, including Foxtel/Binge* and Stan.

HBO Max has struggled to reach even its current subscriber numbers, and that’s after an international expansion into European and South American markets.

Speculation has been rife that Warner Bros. Discovery will make an announcement at its earnings call later this week, with the most likely scenario at the moment being a merger of the HBO Max brand with Discovery’s streaming platform.

What that potentially combined power looks like and why bat girl When Scoob: Holiday Hunt You can’t be part of it, fueling the industry chatter.

Is it because it doesn’t fit the new brand? Or is it as cynical as tricky accounting standards?

* Foxtel and Binge are majority owned by News Corp, the publisher of this website.

first published as Batgirl’s ax fuels speculation about HBO Max’s future

Batgirl’s ax fuels speculation about HBO Max’s future

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