Scrapping ‘Batgirl’ on HBO Max Was ‘Blown Out of Proportion’: CFO

The string of content cancellations at Warner Bros. Discovery, including the decision this summer to scrap releasing Batgirl on HBO Max (see 2208050006), is nothing “unusual” for when “a new team takes over,” Chief Financial Officer Gunnar Wiedenfels told a Bank of America investment conference Thursday. “We're a creative industry and one of the elements of creativity is that there's judgment and differences in the views on what the potential of a certain piece of IP might be,” said Wiedenfels. Corporate management, including CEO David Zaslav, has “really this belief in the theatrical window,” as opposed to “just producing feature films for just one streaming window,” he said. The Batgirl decision was “blown out of proportion a little bit in terms of the attention” it got outside the company, he said. Zaslav ultimately defended the decision, saying his team couldn't find an "economic case" for steering expensive feature films direct to streaming.