Much controversy has been generated around the cancellation of the Warner Bros. Discovery movie “Batgirl”. But the company’s Chief Financial Officer, Gunnar Wiedenfels, has now said the fact has been exaggerated by the media.
The cancellation came after several changes made by Warner Bros. Discovery through its companies, including HBO Max, whose platform has seen several titles disappear without warning. Although the decision generated a lot of debate, Wiedenfels debunked the event at a recent Bank of America conference via Collider.
While there was information stating that the cancellation was due to “Batgirl’s” poor performance in terms of ratings and financial problems, the CFO said it was just a fluke in show business.
“I don’t think that’s unusual, we are a creative industry and one of the elements of creativity is that there are judgments and opinions about what the potential of a certain piece of intellectual property is,” said Wiedenfels of the film “Batgirl”.
He also challenged the notion that the cancellation of Batgirl damaged the company’s reputation in the industry. “I think the media likes to talk about the media,” she said, adding, “We have healthy relationships with talent and are providing one of the best platforms for anyone in the creative space.”
Despite the controversy generated by the cancellation of “Batgirl” and other recent decisions by the entertainment conglomerate, Wiedenfels reiterated that the new strategy and leadership will enable new stories to be created.
“The first priority was to get the team right, and I think [o CEO da Warner Bros. Discovery David Zaslav] has now created a strong and almost complete management team, “said Wiedenfels.” We will continue to make significant investments. We will do it differently, with different financial rigor and a different focus on full use across all platforms, etc., but this is the lifeblood of the company “.
“As you know, David is still looking for someone to drive [a DC] in particular, “he commented.” There’s a lot in the works, but clearly if you look at it from a risk-return perspective, leveraging some of these existing brands improves your return profile, “he said, adding,” I think the ‘opportunity is huge, I see this as a Boeing 747 flying on an engine ”.
“Batgirl” was shelved by Warner Bros. Discovery, which held sessions to allow employees involved in the film to watch it at least once before the content was sealed on the company’s servers.
The “Batgirl” post: the executive says the reaction to the cancellation was exaggerated first appeared on Olhar Digital.
Source: Olhar Digital
Emily Jhon is a product and service reviewer at Gossipify, known for her honest evaluations and thorough analysis. With a background in marketing and consumer research, she offers valuable insights to readers. She has been writing for Gossipify for several years and has a degree in Marketing and Consumer Research from the University of Oxford.
