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 remainder comprised of other key restructuring costs, including office and facility consolidation and, of course, the severance packages accompanying its widespread layoffs. No