When two corporations merge a bunch of wild decisions are made that we should definitely be worrying about. A recent announcement revealed that HBO Max as you know it won't be sticking around for much longer and something else will be taking place.
During an investor call, Warner Bros. Discovery's CEO David filled us in on what's happening by the end of 2023. HBO Max and Discovery+ are combining to form a new streaming service by next year. It will have a mix of old and new content with a lot of details still being left in the dark.
While this combo is taking sometime to get going we are already feeling the consequences right now - cancellations.
You may know that the Batgirl and Scoob: Holiday Haunt's situation were both these projects were close to being finished then they were just scrapped from ever releasing. That was bad but things are about to get much worse.
During the investor call, we learnt some unfortunate news about animation. In a previous slide from WarnerMedia, it was revealed that a high budget was going into projects including kids and animation with unproven financial returns.
On the call, we also learnt that content on both streaming and linear platforms would be cut without an adequate investment case on them if that was bad it's probably gonna get worse. This means that no current or upcoming offering is safe from being cancelled.
As stated in that upfront they would be looking to cutting back on local investment so it might be bye-bye to My Cartoon Friend, Elliott From Earth and CN To The Rescue alongside upcoming attractions like Garbage Boy And Trash Can, Iyanu: Child Of Wonder, The Adventures Of Ivanhoe and Battu are all not safe.
Credits: Vailskibum94
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