re: ‘Irredeemable’ ‘Batgirl’ movie gets ‘shelved’ by Warner Bros despite $70M price tag

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Hollywood is abuzz with speculation approaching Warner Bros. Discovery’s first quarterly earnings since becoming the nation’s No. 2 entertainment giant on Thursday. Multiple insiders told TheWrap they expect Chief Executive Officer David Zaslav to announce a major restructuring of marquee streaming platforms HBO Max and Discovery+ during its results or soon after.

The move will result in a gutting of HBO Max, significant layoffs for its executives and staff to minimize redundancies with HBO and a combined streaming service with Discovery+ with a harder line separation between the scripted and unscripted content operations.

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