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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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TBS Comedy Series ‘Kill The Orange-Faced Bear’ Axed As Warner Bros. Discovery Leadership Examines Slate

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deadline.com

EXCLUSIVE: Kill the Orange-Faced Bear starring Damon Wayans Jr. will not be going forward at TBS. The cast and crew were just told about the decision, which comes a week before the comedy series was scheduled to begin production on its 10-episode order in Vancouver.

I hear the project, which has a filmed pilot, will be shopped to other outlets by the producers.This marks the first major decision to kill a WarnerMedia entertainment project following the completion of Discovery’s acquisition.

It follows the new leadership’s recent move to swiftly pull the plug on CNN+ after just weeks of operation. Warner Bros. Discovery has pledged to deliver $3 billion in cost savings from the deal, and the demise of Kill the Orange-Faced Bear is believed to be a business, not a creative decision.

Further culling of WarnerMedia divisions’ slates is expected as the new top executives examine the newly acquired assets.The modestly budgeted Kill the Orange-Faced Bear, which was picked up to series in November, is about one man’s (Wayans Jr.) epic revenge journey after a bear eats his girlfriend.The comedy fit into TBS’ brand lane, always here for a good time, developed by Brett Weitz, General Manager, TNT, TBS, and truTV, alongside TNT’s always here for a thrill ride and TruTV’s always here for a good laugh.

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