HBO Max and Discovery+ to Merge Into Single Streaming Service
“The decision to not release Batgirl reflects our leadership’s strategic shift as it relates to the DC universe and HBO Max,” a Warner Bros. Pictures spokesperson said in a statement, adding that “Batgirl” star Leslie Grace is “an incredibly talented actor and this decision is not a reflection of her performance.”In most cases, films that do not meet a studio’s creative or financial expectations are sold off to a streaming platform or quietly dropped in theaters without a marketing campaign.
The reorganization at WarnerMedia Discovery comes at an uncertain time in Hollywood. Netflix’s financial woes have raised questions about the viability of the streaming business, and many executives are worried about the looming economic recession. Kilar invested heavily in streaming during his tenure, including instituting simultaneous streaming and theatrical releases for Warner Bros. movies in 2021 and overseeing the launch of CNN+ — a platform that was Zaslav is believed to be more skeptical of the idea that streaming is the end-all, be-all of Hollywood’s future.
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