Why Superhero Movies Are Proving to be WB Pictures’ Kryptonite Part II – Opinion Piece

Why Superhero Movies Are Proving to be WB Pictures’ Kryptonite Part II – Opinion Piece

Now that I've established what 'sunk cost fallacy' is – and that most of WB Pictures recent business decisions seem to stem from a wholehearted attempt to avoid this pitfall, it should be clear why the heads of the company are cancelling projects all over the place.

From the much maligned pulling of ‘The Batgirl film’ just months before it's release - to the recent controversy over cancelling a completed Looney Tunes project (flagship characters of WB Animation) that starred the extremely bankable John Cena. In total, there are 18 or more television series and movies that have been cancelled by Warner Bros. Entertainment in the last few years.

Why Superhero Movies Are Proving to be WB Pictures’ Kryptonite – Opinion Piece

Why Superhero Movies Are Proving to be WB Pictures’ Kryptonite – Opinion Piece

I feel it's time to say something about the Warner Bros. Pictures fiasco.

But before I do that, it's necessary to unpack what the term 'sunk cost fallacy' means. Sunk cost fallacy is when an individual (or organization) believes it is worthwhile to continue pouring funds into an obviously fruitless venture.

It's based around the assumption that once you have extended yourself financially it makes sense to invest more - until the project pays off. In business, this is one of the gravest errors a person can make. It's much more advantageous to know when you should 'cut your losses' and move on to a more profitable endeavor.

International Megastar: Margot Robbie  (Spotlight – 25 Unknown Facts about the Actress)

International Megastar: Margot Robbie (Spotlight – 25 Unknown Facts about the Actress)

1. Margot Robbie, born on July 2, 1990, is an Australian actress and film producer.

2. She rose to prominence with her role as Naomi Lapaglia in the film "The Wolf of Wall Street" (2013).

3. Robbie began her acting career in Australian independent films and television shows.

4. She is known for her versatility and ability to portray diverse characters.

10 Little Known Facts About British Auteur Filmmaker Christopher Nolan

10 Little Known Facts About British Auteur Filmmaker Christopher Nolan

Photo: British filmmaker Christopher Nolan. LAPRESSE

1. Christopher Nolan Gave a Polite “F**k off” to Christian Bale When He Wanted Editing Suite Access: “That is out of my hands” [3]

2.. His films have grossed a total of $5 billion in global sales (worldwide).

3. In 2015, he was listed as one of the 100 most influential people in the world by Time

4. In 2019, he was appointed Commander of the Order of the British Empire for his contributions to film.