Batgirl Only the Start of Warner Bros Write Offs
It appears that the controversial cancellation of the Batgirl film will not be the only big-budget write off we see from the restructuring efforts at the newly minted Warner Bros Discovery. Just this week we see an announcement of up to $2.5B in further write offs coming. Brandon Blake, the entertainment lawyer with Blake & Wang P.A, elaborates on the news. Brandon Blake Pre-Tax Restructuring Charges We always knew that the integration of two key companies in the entertainment landscape would come with changes. However, the newly-formed Warner Bros Discovery is pulling no punches. Somewhere between $3.2B and $4.5B in write offs will fall in its fiscal Q3. The projected $2B-$2.5B will come from its pipeline content, with the rema...