Warner Bros. Discovery has raked in $825 million worth of content since the merger

The timeframe for the $825 million deduction may include some major changes made during and after the consolidation that attract slightly less attention than the careless cancellation of the project. DC project. In April, the company ended CNN+, a streaming service it had launched just weeks before. In May, it scrapped “The Wonder Twins,” a live-action reboot of the Hanna-Barbera animated series that was set to star Isabel May and KJ Apa.

In addition, the company removed all programming facilities for TBS and TNT, ending all live-action scripted originals on networks with the exception of “Miracle worker”. In the wake of the “Batgirl” news, the company even pulled the season 2 premiere of Nasim Pedrad’s “Chad” from the lineup on the scheduled date of its broadcast. All in all, it’s been a brutal few months in the TV business, culminating in this week’s “Batgirl” news and reports of HBO and HBO Max shows having quietly disappeared from the streaming app’s streaming app. company.

This surprising stream of news drew all eyes on the second-quarter earnings call on Thursday, when the Warner Bros. CEO. Discovery, David Zaslav talks about merging HBO and Discovery titles in one streaming service, focusing on movies in theaters and the company’s plans to cut costs. An earnings report shared the same day revealed that the company lost a staggering $3.4 billion in the first quarter post-merger, bringing the write-down of $825 million down in the financials group. company as a whole.

While WBD reaffirmed its investment in original HBO and HBO Max content during its Q2 call, pop culture fans as well as industry experts will be closely watching the moves Warner Bros. Discovery does it because we know they don’t mind messing up projects at any point in their production to save some money.

https://www.slashfilm.com/955233/warner-bros-discovery-has-axed-825-million-worth-of-content-since-the-merger/ Warner Bros. Discovery has raked in $825 million worth of content since the merger

Fry Electronics Team

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