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Cake day: July 4th, 2023

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  • I remember reading that the production of the movie is spun off to a separate new company, which is in practical terms the studio itself. This new company then “leases” the rights to the studio for pennies. The studio then sells stakes of the movie earnings to investors to create funding for the production. Many local/state governments encourage the arts by giving tax credits and/or funding if a movie is shot in their state. If the movie tanks the dummy company declares bankruptcy and no one gets paid, except the studio.

    Perhaps WB realized they can skip the release entirely and make back their money with tax credits by shelving the movie, artists + technicians + tax payers can eat shit.

    I don’t know if this is true since I saw this on the internet. If anyone knowledgeable is reading this, Please correct me !