Warner Bros. is headed for one of the most painful years in modern studio history. According to a Page Six Hollywood report by Tatiana Siegel published October 29, the studio’s 2026 slate is expected to lose more than $800 million — spending the Skydance executives now running the studio reportedly called “beyond reckless.”
The numbers are stark. Variety puts Warner Bros.’ 2026 box-office share at roughly 6%, down from 21% in 2025, and not a single one of its releases this year has crossed $100 million domestically. The biggest write-off is “Digger,” the Tom Cruise vehicle directed by Alejandro G. Inarritu: the film opened October 2 to just $8 million domestic and $20 million worldwide on a budget of $125–180 million plus about $100 million in marketing, then fell roughly 60% in its second weekend to around $3.2 million. Its estimated loss: about $250 million.
“Supergirl,” James Gunn’s second DC Universe film starring Milly Alcock and directed by Craig Gillespie, fared no better: $170–186 million budget against roughly $126 million in worldwide gross, with losses estimated between $80 million and $150–200 million. “The Bride!” (over $100 million lost on a $90 million budget grossing about $24 million worldwide), “Practical Magic 2” and “The End of Oak Street” round out the red ink.
“Digger” was Warner Bros.’ final release before the Paramount Skydance acquisition — valued around $110 billion — closed on October 6. Film chiefs Mike De Luca and Pam Abdy have exited, with Dana Goldberg and Josh Greenstein taking charge. And 2027 could be worse: Sam Esmail’s “Panic Carefully,” starring Julia Roberts, Elizabeth Olsen, Eddie Redmayne and Brian Tyree Henry, reportedly cost $160 million ahead of its April 9, 2027 opening, while Nancy Meyers’ “Paris Paramount,” starring Penelope Cruz, Kieran Culkin and Jude Law, cost over $120 million for Christmas 2027.
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Bhudev Bhagaliya is an experienced and senior journalist who has carved a distinct niche for himself in the world of Hindi journalism through his profound understanding and precise writing style. With over two decades of experience in the field of journalism, he has held key responsibilities at Dainik Hindustan for 12 years and at Amar Ujala for one year. Currently, he serves as the Content Editor for the Jagrook Youth News newspaper and portal, where he plays a crucial role in ensuring the quality and credibility of the news content. Bhudev Bhagaliya consistently writes about issues that help raise awareness within society and among the younger generation.