Star Ivory Aquino: Last News

Todd Spangler NY Digital Editor The blowback Warner Bros. Discovery received over its cancellation of “Batgirl” was “blown out of proportion,” according to CFO Gunnar Wiedenfels. Last month came word that “Batgirl,” the $90 million Warner Bros./DC movie starring Leslie Grace as Barbara Gordon/Batgirl, would not be released theatrically, on HBO Max, or anywhere else. WBD, formed formed earlier this year by Discovery’s acquisition of WarnerMedia, determined that taking a tax write-off for “Batgirl” made more financial sense than releasing it commercially. “To me, you know, it’s blown out of proportion a little bit, in terms of the attention externally,” said Wiedenfels, speaking Thursday at the Bank of America Securities Media, Communications & Entertainment Conference, regarding the “Batgirl” decision. “The focus is, on a go-forward basis here, we’re spending more than ever in the history of the two legacy companies on content. We’re continuing to make significant investments — [but] we’ll make them differently.”