New VIP+ Analysis: Financials aside, WBD’s jaw-dropping decision to shelve the DC Comics film was a huge blunder from a PR perspective.
is moving aggressively to put the streamer on a path to profitability, which should reassure investors and help revive the company’s sagging stock price if he succeeds.to shelve the nearly completed “Batgirl” movie, which Warners no longer plans to release in theaters or on HBO Max.on WBD’s Thursday earnings call, was to reinforce the company’s new film strategy, which will return to a theatrical-first model and eliminate direct-to-streaming movies from the equation.
Reports have also indicated that company leadership determined “Batgirl” did not measure up as a prospective theatrical tentpole, and thatfor the film would be a better financial move than releasing it to streaming.
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