The highly anticipated and heavily marketed show is the first to come from the couple’s multimillion-dollar Netflix deal. Read More...
Reuters
Warner Bros Discovery expects $1 billion more in scrapped content charges
For the media company, formed earlier this year by the merger of AT&T Inc’s WarnerMedia unit and Discovery Inc, the total financial restructuring cost could now be between $4.1 billion and $5.3 billion. Warner Bros has undertaken a series of cost-cutting measures since the merger, including canceling projects such as the live-action version of the DC Comics character “Batgirl”, a planned “Wonder Twins” film, and shutting down the CNN+ streaming news service.
