Warner Brothers has put a price on its decision to scrap some of its major titles
Films and series like Batgirl, and the The Not-Too-Late Show with Elmo are among the program offerings, which have been deemed unworthy of the investment.
Warner Bros Discovery believes this adds to around $2.5 billion in costs associated with cutting content.
It follows a merger between the WarnerMedia unit and Discovery to form the Warner Brothers brand earlier this year.
The company’s Chief Executive has promised it would lead to $3 billion in savings.
It hopes to secure a pretax charge of $1.3 billion to $1.6 billion in the third quarter.
It follows the removal of 36 titles from the HBO Max streaming service, including shows like ‘Generation’.
There is also a round of layoffs hitting the company, which it believe will lead to up to $1 billion dollars in relief.
