Two Warner Bros. Movies Canceled By the Studio, Reason Why Revealed

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.

"The Flash," starring Ezra Miller as Barry Allen, is still moving forward despite the actor's recent scandals and multiple arrests, according to a report.  Per Variety, Warner Bros. Discovery CEO David Zaslav said he is "very excited" for the upcoming film, which has a June 2023 release date. "We have seen ‘The Flash,’ ‘Black Adam’ and ‘Shazam 2,'" Zaslav said.  "We are very excited about them," he added.

Zack Sharf The summer movie season is winding down, and streaming will be more needed than ever this month as Sony’s “Bullet Train” is the only major studio tentpole releasing in theaters. Family audiences are in luck as Pixar’s “Lightyear” arrives on Disney+ after underwhelming at the box office earlier this summer.

There are new reports about Walter Hamada amid major shakeups at Warner Bros.

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.

The Flash is still slated for release despite a series of scandals involving star Ezra Miller.The 29-year-old actor, who plays Barry Allen, aka the Flash, in the upcoming release has been involved in some allegations involving abusive behavior of late.They are accused of putting a woman in a chokehold at a bar in Iceland in 2020.The Flash is reported as being in post-production.Warner Bros confirmed the film is still slated for a June 2023 release on a Q2 call Tuesday.Warner Bros Discovery CEO David Zaslav said, 'We have seen The Flash, Black Adam and Shazam 2.We are very excited about them. We've seen them.

abruptly shelved by Warner Bros. and HBO — and that many of the cast and crew first found out via that story.But Sayuri Chacon told The Post Thursday that her old friend will be OK. “Leslie is the type of person who always takes lessons away from her experience.

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.

Adil El Arbi is revealing a personal correspondence from Kevin Feige.

Good afternoon Insiders. We have truly entered holiday season but in TV and film Land things simply don’t slow down. I’m Max Goldbart and here’s your list of the week’s biggest headlines.

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.

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.

After Warner Bros.’ shocking announcement of the DC Comics film "Batgirl" being canceled, actress Leslie Grace — who was slated to play Barbara Gordon/Batgirl — is speaking out for the first time.  The "In the Heights" star took to Instagram on Wednesday and shared a series of movie images and footage from the set of the nearly $100 million superhero film, starting with the caption "Querida familia!" — meaning "Dear Family!" in Spanish.  "On the heels of the recent news about our movie ‘Batgirl,’ I am proud of the love, hard work and intention all of our incredible cast and tireless crew put into this film over 7 months in Scotland," Grace remarked. She continued to say how truly "blessed" she felt working with an incredible team on the project, and added a special note to all "Batgirl" fans: The DC Comics film "Batgirl" was set to feature "In the Heights" star Leslie Grace as Barbara Gordon/Batgirl.

Todd Spangler NY Digital EditorWarner Bros. Discovery is not going to say how many HBO and HBO Max customers it has.In the second quarter, the media conglomerate said HBO Max, HBO and Discovery+ subscribers combined were 92.1 million, up about 1.6 million from 90.4 million the prior quarter. That’s up 22% 75.8 million on a pro-forma basis versus a year earlier.However, WBD’s streaming businesses lost subscribers domestically in Q2, dropping 300,000 — falling from 53.3 million in the first quarter to 53.0 million as of June 30.For Q1, AT&T — the prior owner of WarnerMedia and HBO Max — had reported 76.8 million total HBO and HBO Max subscribers worldwide, including 48.6 million domestically.