Why Warner Bros. Killed ‘Batgirl': Taxes, Cutting Losses and a Strategic Pivot
August 3, 2022 – Media MentionThe Wrap Pro
Entertainment and Film Financing Partner, Sky Moore, recently shared his perspective with The Wrap Pro regarding Warner Bros. Discovery making the decision to shelve "Batgirl," a project that cost nearly $90 million. The decision was made to lower the studio's tax burden and improve earnings.
Excerpt:
“To not release it is absurd, and by not releasing it at all, there is a significant risk that you can’t deduct it at all until you do something with it like transfer it to somebody,” Sky Moore, a partner with Greenberg and Glusker told TheWrap. “It is a stretch to believe they can take a deduction.”
