Postby Dragaros » December 14th, 2022, 8:53 pm
"Westworld has been canceled after four seasons and will be pulled off from HBO Max. No date on when the show will be pulled off from the streaming service was given. Warner Bros. Discovery has been cutting down on spending since it set out to find $3.5 billion in cost-saving synergies over the next three years post-April merger. However, even on the heels of a rough third-quarter earnings report, CEO David Zaslav has continued to underline the importance of healthy content spend, and HBO still has multiple big-budget dramas, including House of the Dragon, Euphoria and the upcoming The Last of Us live-action adaptation. The removal of shows from HBO Max means Warner Bros. Discovery is able to save money in residuals paid to cast and crews of productions, on top of the money saved by not continuing with the shows at all.
‘Raised by Wolves’, ‘Head of the Class’, ‘The Time Traveler’s Wife’, ‘FBOY Island’, ‘Legendary’ and ‘Finding Magic Mike’ are all being removed from HBO Max. Many of the recently pulled shows from HBO Max — including ‘WESTWORLD’ and ‘RAISED BY WOLVES’ — will be licensed off to free, ad-supported TV channels. Warner Bros Discovery aims to take an additional $800M in tax writeoffs related to content and development costs."
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