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Many are placing the blame on new Warner Bros. Discovery head David Zaslav, who, in June, began replacing Warner Bros. executives such as Jason Kilar and Ann Sarnoff, who were focused on building HBO Max. Per The Hollywood Reporter, the newly merged company is looking to save $3 billion, but many fans are wary of what this could mean for other pending DC projects such as Blue Beetle and Black Canary.
Source: https://www.distractify.com/p/why-was-batgirl-movie-canceled