‘Peacemaker’ Season 2 Appears Safe, James Gunn Says, Even As Warner Bros. Discovery Cost-Cuts Loom

Kevin Smith has weighed in on Warner Bros. Discovery scrapping the  movie starring Leslie Grace. The move made by the conglomerate has caused shockwaves in the industry and Smith, who is a comic book aficionado and writer, shared his thoughts on his YouTube series Hollywood Babble-On.

Clayton Davis It wasn’t a great week for Latinos in Hollywood, but I’m sure many of you knew that already.Between Warner Bros. axing the release of “Batgirl” starring Leslie Grace, HBO Max canceling the coming-of-age comedy TV series “The Gordita Chronicles” and James Franco being cast as Cuban dictator Fidel Castro in an upcoming feature, Latinos are being mercilessly discarded and overlooked in the entertainment business. Worse yet, not many seem to care.Warner Bros.

OWN has set the premiere date for the seventh and final season of Queen Sugar. The series created and executive produced by Ava DuVernay will return on Tuesday, September 6 at 8 p.m. ET/PT.

Warner Bros. Discovery Friday detailed its charges for the second quarter that included a combined $825 million hit on the content side, including $496 million for content impairment and $329 million for content development write-downs, as well as $208 million for employee terminations for the three months ended June.

After a few days of mass uncertainty, with folks on social media wondering what is going on at one of the biggest studios in Hollywood, Warner Bros. Discovery has shed some light on the company’s future.

Earlier this week, Warner Bros. Discovery made a drastic decision: axing a nearly completed “Batgirl” movie, shocking many fans and non-fans alike with the news that a $90 million-budgeted superhero pic would never see the light of day.

Cynthia Littleton Business EditorWarner Bros. Discovery shares were battered Friday on the heels of its after-market second-quarter earnings report on Thursday that revealed the depth of the financial and operational pressures that the newly enlarged conglomerate is facing.WB Discovery shares were down more than 17% at midday to the $14.50 range.

controversial decision to cancel releases for “Batgirl” and “Scoob!: Holiday Haunt.”“We’re not going to launch a movie until it’s ready,” Zaslav said on a a quarterly earnings call late Thursday. “We’re not going to launch a movie to make a quarter and we’re not going to put a movie out unless we believe in it.”Warner Bros.

Zack Sharf “Batgirl” co-director Adil El Arbi revealed on Instagram that several high-profile Hollywood names have reached out to him and fellow “Batgirl” director Bilall Fallah in the aftermath of Warner Bros. shelving their comic book movie. The studio announced Aug.

Todd Spangler NY Digital EditorWarner Bros. Discovery is looking to pull a FAST one — telling investors the company is mulling the launch of a free, ad-supported TV (FAST) service stocked with content from its portfolio of brands to complement its premium subscription biz.The first strategic priority on the streaming side of the house is to merge HBO Max and Discovery+ into a single platform.

HBO Max and Discovery+ will merge to become one streaming service next year.In a second quarter earnings call on Thursday (August 4), Warner Bros. Discovery’s CEO David Zaslav announced that the merged streamer will launch in the summer of 2023 in the US, with Latin America, Europe and other territories to follow soon after. The combined streaming service will be released with ad-free, ad-light and ad-only options.As reported by Entertainment Weekly, Zaslav addressed concerns that the merger would result in less emphasis on original programmes.

Warner Bros. Discovery is facing a lot of backlash after releasing an infographic that broke down the demographics of their two streaming services, HBO Max and Discovery Plus.

Warner Bros. Discovery had their earnings call this afternoon, and CEO David Zaslav’s big announcement—as expected— was to confirm that HBO Max and Discovery+ will indeed be merging into a single service that will launch sometime next summer in the United States, with an international rollout happening afterward.

 adaptation has been several years in the making and is finally making its small screen debut! The 10-episode series premieres on Netflix this Friday, and the long-awaited adaptation of Neil Gaiman's beloved comic series is packing serious heat for eager fans.Tackling the comic's story from the beginning, the series follows Morpheus (Tom Sturridge), known as Dream and the titular Sandman, as he breaks free from decades-long imprisonment by humans to return to his kingdom of the Dreaming. The anthropomorphic personification of dreams discovers that his home has fallen into disarray in his absence and, to restore order, he must journey across different worlds and timelines to mend the mistakes he’s made during his vast existence, revisiting old friends and foes, and meeting new entities — both cosmic and human — along the way.The series features a star-studded cast alongside Sturridge that includes Kirby Howell-Baptise, Gwendoline Christie, Vivienne Acheampong, Stephen Fry, Boyd Holbrook, Charles Dance, Asim Chaudhry, Jenna Coleman, David Thewlis, Joely Richardson, Mason Alexander Park, and voice work from Patton Oswalt and Mark Hamill. The show was originally pitched as a film adaptation by filmmaker David S.

Warner Bros. Discovery is doubling down on HBO and HBO Max.

Kids and animated content are set for a broad swath of cuts across Warner Bros. Discovery.

In a complete about-face from the business strategy employed by former WarnerMedia CEO Jason Kilar, Warner Bros. Discovery boss David Zaslav made it firm today that the new merged entertainment conglomerate “will fully embrace theatrical.” Period.

Warner Bros. Discovery expects to launch its combined HBO Max/Discovery+ streaming service in the U.S. next summer.

The Flash” movie starring Ezra Miller is still a go, despite the actor’s numerous scandals this year.“We have seen ‘The Flash,’ ‘Black Adam’ and ‘Shazam 2,'” said Warner Bros. Discovery CEO David Zaslav during the company’s Q2 earnings call on Thursday. “We are very excited about them.

spectacularly axed sister flick “Batgirl.”Both films form part of the DC Extended Universe, with whispers growing that “The Flash” could be the next franchise flick to be canned due to disturbing assault and grooming allegations leveled at lead actor Ezra Miller. But on Thursday, producer Barbara Muschietti reportedly attempted to shut down such speculation, saying the movie is still slated to hit cinemas next summer.

Adam B. Vary Senior Entertainment WriterWarner Bros.