(Image courtesy of Warner Bros. Pictures)
Warner Bros. Pictures enjoyed a banner theatrical run in 2025, scoring hits of all sizes with "Sinners," "A Minecraft Movie," "Weapons" and "Final Destination Bloodlines." The studio's fortunes reversed sharply in 2026, however, as several costly priority releases—including "The Bride!," "Supergirl," "The End of Oak Street" and "Digger"—turned into box-office bombs.
(Image courtesy of the Los Angeles Times)
Page Six recently reported that Warner Bros. is projected to lose roughly $800 million in 2026. "Digger" alone is expected to leave the studio at least $250 million in the red, while "The Bride!" reportedly lost more than $100 million and DC's "Supergirl" could cost it around $200 million.
According to Page Six, the outlook for Warner Bros.' 2027 slate may be equally troubling, with three expensive films facing questions over their commercial appeal. "Panic Carefully," the terrorism thriller starring Julia Roberts and Elizabeth Olsen, reportedly cost $160 million. Meanwhile, "Paris Paramount," the most expensive romantic comedy ever made, carries a budget exceeding $120 million and marks "The Intern" director Nancy Meyers' return to the genre. Then there is "The Great Beyond," J.J. Abrams' nine-figure original sci-fi epic. Written and directed by Abrams, the film was reportedly pushed to October 2027 after disappointing internal test screenings prompted additional work.
(Image courtesy of The Hollywood Reporter)
Much of the media and industry blame for Warner Bros.' financial turmoil has landed on recently departed studio chiefs Michael De Luca and Pamela Abdy. The pair earned a reputation in Hollywood for spending freely, approving ambitious projects and taking financial risks on filmmaker-driven movies. That approach produced films such as "One Battle After Another," which swept six Academy Awards but still reportedly lost Warner Bros. approximately $75 million.
(Image courtesy of Warner Bros. Pictures)
De Luca and Abdy were recently rumored to be contenders to take over Netflix's film division, but Page Six reported that their chances have fallen considerably. With Netflix eager to reassure Wall Street investors, hiring two executives whose Warner Bros. slate generated a massive deficit may be a difficult sell. Rumors now also suggest that the experience of running the studio damaged their working relationship, potentially bringing their longtime partnership to an end.
via： Page Six