Why Warner Bros. Killed ‘Batgirl': Taxes, Cutting Losses and a Strategic Pivot

August 3, 2022Media Mention
The 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.”

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