I didn't watch the video but the reason it was canned is because now they get a $20 million tax write down but only if it never "sees the light of day". Never released in theatres. Never released on home media. Never streamed.
They're trying to make $3 billion worth of cuts. That's why they're cutting so many shows, departments and laying off or firing staff.
They figure getting $20 million back now is more value than anything they would get from releasing it on streaming.
I agree. There wasn't going to be $20 million worth of subscribers suddenly signing up to their service because they have "Batgirl".
No, that guy wasn't aware of a tax rebate, he was wondering how bad does it have to be, to not be released at least as is to streaming, and that surely getting back $10 million is better than $0.
Well, you explain that part then, they're getting 20 mil back. Although I think it would've grossed at least that much in theaters, but don't know the costs involved in having a 2000+ theater release, much less a worldwide one. Usually people say roughly 50% is received by the studio, so a $40 million worldwide gross be needed.
Their worst grossing DC movies, Birds of Prey, Suicide Squad, and WW 1984, had grossed 170-200 mil worldwide, but in US WW 1984 had only gathered 46, so I guess they decided not to bother, ignoring more or less stable 110-120 million international grosses.
Marketing is expensive too, I assume, and maybe without further investment, Batgirl wouldn't get even those 170.