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[BUSINESS] · United States · 2 sources

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Warner Bros. staff face uncertainty amid Paramount merger and DC Studios losses

Warner Bros. employees are facing uncertainty as the $110 billion merger between Paramount and Warner Bros. nears completion. Following a settlement involving 12 State Attorneys General, the deal is expected to finalize within two weeks on David Ellison’s timeline. Staffers have expressed concern regarding potential mass layoffs, noting that new management has a history of maintaining lean workforces, including a 10% workforce reduction at Paramount.

DC Studios is reportedly facing additional pressure following the commercial failure of 'Supergirl'. The film, starring Milly Alcock, grossed $126 million during its 40-day theatrical run, resulting in losses exceeding $200 million. Reports suggest the film suffered from studio interference during post-production following poor test screenings, contributing to its performance. The financial outcome of the film has heightened anxieties within the studio regarding the future of James Gunn and Peter Safran’s DC Universe.

Entities

DC Studios · David Ellison · James Gunn · Paramount · Warner Bros. Discovery