Warner Bros. Has a 10-Year MCU-Like Plan For Batman, Superman & DC
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Warner Bros. Discovery has announced changes to the studio's structure, with a 'theatrical' DC Films shift and combining with HBO Max.
HBO Max and Warner Bros. Discovery are merging into a new streaming platform that will launch in Summer 2023. During a Q2 earnings call on Thursday (August 4), Warner Bros. Discovery CEO David Zaslav referenced the cancellation of films Batgirl and Scoob: Holiday Haunt, saying that the studio would "fully embrace theatrical" and take "aggressive steps to course correct" their previous direct-to-streaming offerings.
Per Too Fab, Zaslav shared that the film company is "on the right path to meet our strategic goals and really excel, both creatively and financially," adding that the studio is focused on creating "compelling and diverse offerings in the world."
"DC is one of the top of the list for us. You look at Batman, Superman, Wonder Woman, Aquaman, these are brands that are known all around the world. Big opportunity for us," said Zaslav, adding that the studio has "done a reset" on superhero films.
"There will be a team with a 10-year plan just focusing on DC," he added. "We think we can build a long-term, much stronger, sustainable growth business out of DC."
according to The Hollywood Reporter.“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,” wrote Grace. “I feel blessed to have worked among absolute greats and forged relationships for a lifetime in the process! To every Batgirl fan — THANK YOU for the love and belief, allowing me to take on the cape and become, as Babs said best, ‘my own damn hero!’ Batgirl for life!”Speaking on the HBO Max merger, Zaslav promised that HBO and HBO Max service would remain "the centerpiece" of their new initiative.
"Our strategy is to embrace and support and drive the incredible success that HBO Max is having."
JB Perrette, CEO and president of global streaming and games also spoke about Discovery+ and HBO Max becoming a single service.
“At the end of the day, putting all the content together was the only way we saw to make this a viable business,” Perrette said. Bringing HBO Max and Discovery+ together is aimed at cutting churn so “there’s something for everyone in the household,” he said.