"The majority of staff of the streaming service DC Universe has been laid off, as has editor-in-chief Bob Harras and multiple other executives on the publishing side. Monday's WarnerMedia layoffs have affected a significant number of high-level figures at comic book powerhouse DC, multiple sources tell The Hollywood Reporter.
Among those said to be losing their positions are editor-in-chief Bob Harris, senior VP of publishing strategy and support services Hank Kanalz, VP of marketing and creative services Jonah Weiland, VP global publishing initiatives and digital strategy Bobbie Chase, senior story editor Brian Cunningham, and executive editor Mark Doyle, who oversaw the rollout of the Black Label graphic novels. Jim Lee remains the CCO."
Hollywood Reporter Story: https://www.hollywoodreporter.com/heat-vision/dc-comics-dc-universe-hit-by-major-layoffs-1306743
“Simply put, “Warner Media doesn’t want to be in the comics business. It wants to be in the character business,” another source with knowledge of Warner Bros. operations tells me. That same source contends that the company may have no longer wanted DC and its comics to be the driving force behind entities that are so important to WB franchising and licensing goals. Moving forward, both sources believe comics will be just a small part of the necessary intellectual property maintenance needed to keep corporate cash cows like Batman, Wonder Woman, and Superman humming along.”
“Keep in mind, it wasn’t about whether DC was losing money. Even if it was, it was a small amount. The problem is that the potential profits in comics are negligible when one considers the average summer blockbuster has $200 million-plus budgets. Bluntly put: It's likely Warner Media doesn’t think the money to be made in comics is worth the effort.”
SYFY Wire: https://www.syfy.com/syfywire/dc-comics-dc-universe-layoffs-fallout
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