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Warner Bros. already spent $100 million on the Wonder Woman game it just canceled

Warner Bros. Discovery is shuttering three studios in its video games division in an apparent effort to fix the flailing business.

The 31-year-old studio Monolith Productions (“Middle-earth: Shadow of War”), Player First Games (“MultiVersus”), and Warner Bros. Games San Diego are all being closed, per reporting from Bloomberg’s Jason Schreier.

The company also said its canceling one of its biggest projects, a Wonder Woman game (by Monolith) that had gone through a turbulent development. Warner Bros. reportedly spent more than $100 million on the title, which will now never see the light of day.

Warner Bros. holds the rights to massively popular gaming-friendly IP like Batman, “The Lord of the Rings,” “Game of Thrones,” and Harry Potter, but it has struggled to find a hit since 2023s “Hogwarts Legacy.”

The studio had an abysmal 2024, including a $200 million loss on its “Suicide Squad” title. That game likely wouldve been the industrys biggest disappointment of the year, were it not for the historically bad performance of Sony’s “Concord.”

The company also said its canceling one of its biggest projects, a Wonder Woman game (by Monolith) that had gone through a turbulent development. Warner Bros. reportedly spent more than $100 million on the title, which will now never see the light of day.

Warner Bros. holds the rights to massively popular gaming-friendly IP like Batman, “The Lord of the Rings,” “Game of Thrones,” and Harry Potter, but it has struggled to find a hit since 2023s “Hogwarts Legacy.”

The studio had an abysmal 2024, including a $200 million loss on its “Suicide Squad” title. That game likely wouldve been the industrys biggest disappointment of the year, were it not for the historically bad performance of Sony’s “Concord.”

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Netflix says what the hell, the “Stranger Things” finale can be a movie if we want it to be

At about two hours long, the series finale of “Stranger Things” is already pushing the bounds of how long something can be while still being considered an episode of television.

To make matters muddier, Netflix today announced it’ll release the episode live in theaters.

More than 350 movie theaters across the US and Canada will hold showings on December 31 through January 1, Netflix announced.

The move follows an interview in Variety earlier this month in which series creators Matt and Ross Duffer expressed their desire for the episode to be shown in theaters, but a Netflix exec at the time shut the idea down.

Theatrical success has likely changed Netflix’s mind. Back in August, “Kpop Demon Hunters” became the streamer’s first box office No. 1, earning $19 million in a three-day weekend. That film will return to theaters over the Halloween weekend.

More than 350 movie theaters across the US and Canada will hold showings on December 31 through January 1, Netflix announced.

The move follows an interview in Variety earlier this month in which series creators Matt and Ross Duffer expressed their desire for the episode to be shown in theaters, but a Netflix exec at the time shut the idea down.

Theatrical success has likely changed Netflix’s mind. Back in August, “Kpop Demon Hunters” became the streamer’s first box office No. 1, earning $19 million in a three-day weekend. That film will return to theaters over the Halloween weekend.

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