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Why Warner Bros. Killed ‘Batgirl’: Taxes, Slicing Losses and a Strategic Pivot

Why Warner Bros. Killed ‘Batgirl’: Taxes, Slicing Losses and a Strategic Pivot

The DC superhero movie meant for HBO Max received’t be launched theatrically or on streaming

Warner Bros. Discovery didn’t simply shelve “Batgirl,” an almost accomplished movie that value roughly $90 million; the challenge is effectively dead and received’t go to theaters or to streaming. So what offers? Whereas there’s an enormous strategic play right here and curiosity in defending the way forward for the DC model, the surprising transfer additionally has to do with reducing the studio’s tax burden and slicing their losses to enhance earnings this yr.

An organization insider instructed TheWrap that the studio expects that by not releasing the film in any respect, they’ll profit from a tax remedy by writing off the losses of each “Batgirl” and one other film initially deliberate for HBO Max, “Scoob! Vacation Hang-out.” Whereas these circumstances are uncommon, it’s not unusual for corporations to put in writing off losses generally. And doing so could take advantage of monetary sense as they attempt to recoup a minimum of some prices from the movie.

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