Warner Bros. Discovery has a 60% chance of going bankrupt

That article was clearly written by AI.

Jesus Christ OP get a clue

Warner Bros Discovery exists for the very purpose of dismantling the legacy Time Warner conglomerate

That was the intention when AT&T sold it to Zaslav. It’s why they removed HBO from the name of Max.

His job is to starve it to death, clean up its balance sheets, prepare its parts for sale, and pay himself handsomely ($200 million last year iirc)

A recent article about the Coyote Vs Acme debacle quoted a producer saying “We’re not putting anything in development with Warner until the studio is sold.” Everyone expects it to happen next year in April (legally that’s the earliest it can be sold)

It was expected that the movie and television studio will be bought by Comcast and merged into Universal. Donna Langley was promoted this year and given oversight of all of Universal’s film and television operations. This would anticipate her godmothering the integration of the two studios, who sit down the street from each other. Universal and Warner have already integrated their home entertainment operations into a joint venture. Additionally, Universal has announced aggressive theme park expansions including a new resort outside of Dallas, Universal Kids. Universal needs intellectual property for its theme parks. Universal is opening Epic Universe in Orlando next year. The third theme park which is not contiguous to the other two, will allow Universal to begin renovations of its existing Orlando parks, which have badly aged attractions (looking at you Jurassic Park River Adventure). Not to mention that both Orlando parks have themed areas featuring now Disney-owned intellectual property, Marvel and The Simpsons.

However I said “was” because those plans were made before Disney began publicly showing its strain from overpaying for 20th Century Fox, which is now agreed to have been a terrible mistake. So the question is what exactly will Comcast buy. They could just buy DC, Looney Tunes or the Warner library. They don’t need two physical studios next to each other.

Additionally, the appeal of the Disney-Fox merger was predicated on a future of four-walling content. Four-walling content died this year, with just this week Disney announcing they were leasing its library of shows to Netflix. So that’s less incentive for Comcast to buy all of Warner Bros.

Also happening this week was the news of Shari Redstone considering selling control of badly performing Paramount Global to Skydance, who would then dismantle that company and its legacy holdings of the old Viacom (Paramount Pictures, CBS, Showtime, MTV Networks). Simon & Schuster was sold this year.

R2, what will happen with DC? I know no one there wanted James Gunn but everyone they did want turned down the gig.

Donna Langley will fire him and replace him with someone with her sensibility. Hint hint: ☕️ 💂🏻‍♂️🦁🦄

(My money is on Matthew Vaughn, whose film Argylle was acquired for release by Universal this year after sitting on Apple’s shelf.)

Everyone turned down the gig because the expectation was that whoever was hired would eventually be replaced in the merger. Films have two-three years from greenlight to release and almost no guarantee any big plans would become realized, which is why James Gunn is rushing to make Superman Legacy. It’s one and done.

He’s talking about this for a reason

Another possibility: Blumhouse. Universal has been trying to get a reboot of its classic monsters through Blumhouse done, with limited success (Ryan Gosling just left Wolf Man.)

Richard Donner famously directed Superman after coming off horror with The Omen, so Blumhouse may be a good candidate to reinterpret DC’s properties under new eyes.

Oh God, I seriously hope Blumhouse doesn't get its hands on the DC properties. Blumhouse sucks. It ruined the horror genre. If superhero films weren't already on the decline, giving Blumhouse control over Superman or Wonder Woman or, God forbid, Batman would kill the genre overnight.