Why Warner Bros refused Bat girl and Scoob! A holiday ghost?
Warner Bros cancels two HBO Max movies, shocks the city. There are several threads here, but this move amounts to a strong rejection of the former WarnerMedia CEO Jason Kilarstrategy to create $70 million worth of original live-action and animated films directly for streaming site HBO Max.
Creators of live action Bat girl and animated Scoob! found out today that those movies have been put on hold. The timing was particularly awkward Bat girl directed by Adil El Arbi and Billal Fallah. Both are in Morocco for El Arbi’s wedding – a wedding present – and hoped to return to the cutting room to continue work on the film, which stars Leslie Grace, JK Simmons, Brendan Fraser and Michael Keaton.
At first there were cries of scrapping Bat girl wore bad optics because the title role is played by a Latina actress. But there were reasons to move. In both cases, the filmmakers were told it was due to a “buy accounting” maneuver available to Warner Discovery as the company changed hands and also changed strategy from the previous regime. That option expires in mid-August, the sources said, keeping Warner Bros. Discovery from taking a loss on its books as the studio tries to cut $3 billion. USD debt in all its divisions.
There has been much speculation as to why Bat girl was canceled because it was a bad movie. Sources said that the film was tested once and the result was not so bad, considering that the cut had temporary visual effects that tend to dampen the enthusiasm of the audience. The studio is already discussing various deals with directors and Mrs. Bala star Grace because it wasn’t so much a reflection of their talent as a radical shift in strategy. It was a difficult and highly unusual decision for everyone to just walk away from a movie that cost between $60 and $70 million and was made by hot directors Black and the Disney+ series Ms. Marvel led by Kevin Feige, which also earned $426 million before the pandemic. USD plus profit Bad boys for life .
Much of the decision came down to: Warner Bros Discovery Guide David Zaslav rejected Kilar’s strategy of going hard to build HBO Max streaming subscriptions. This was interrupted by his Project Popcorn initiative, which released all of 2021. theater stage, incl The Dune, Godzilla vs. Kong, King Richard, The Matrix 4 – day and date in theaters and HBO Max when theater attendance was low during the pandemic. Even after being shown the door, Kilar continued to call the strategy a victory. Many disagreed, especially after that Best Weapon: Maverick waited and earned north of $1.3 billion. It’s definitely a different world than when Kilar moved. Wall Street is no longer impressed with the number of subscribers, but with profits, as seen in the sharp decline in the value of Netflix shares.
The companies have hewed to the philosophy, espoused by the likes of Sony’s Tom Rothman and Universal’s Donna Langley, that films gain cultural importance when they first debut in theaters with a hefty theatrical budget. When they appear on streaming sites after 45 days or more, they are appreciated for their cultural significance. It will be a strategy Apple will employ next year with the Martin Scorsese-directed drama starring Leonardo DiCaprio and Robert De Niro. Flower Moon Assassinswhich is extracted from 2022 and how The term has appearedIt is likely to debut in 2023. in Cannes and will be released in theaters later through Paramount.
Back to Bat girl and Scoob! Bat girl is a painstaking record – nowhere near DC’s theatrical budgets Flash and Aquaman 2 – and wasn’t designed to compete with tentpole theater shows, and it wasn’t Scoob! Also, that movie introduced characters that the studio wanted to save for those DC theatrical credits. Rather than spend large sums to pump up each film’s budget to compete in the theatrical market, and then spend $80 million on global P&A, the studio felt that abandoning both films was a better option when combined with a purchase accounting maneuver.
Sources don’t expect other films to die this way, as the accounting option expires in the middle of this month. But with everyone at Warner Bros. Discovery gearing up for Thursday’s quarterly earnings report and layoffs that are sure to come, no one with a project made specifically for HBO Max or those working there can feel confident right now.
Warner Bros Discovery just released this statement: “Decision not to release Bat girl reflects our management’s strategic shift around the DC universe and HBO Max. Leslie Grace is an incredibly talented actor and this decision is not a reflection of her performance. We are extremely grateful to the filmmakers Bat girl and Scoob! Holiday ghost and their respective actors and we look forward to working with all of them again in the near future.