DC TV Earns Big For Warner Brothers

TBS and TNT, which are a part of Time Warner, have come to a deal with Warner Bros. for the studio’s DC films.

Time Warner chairman and CEO Jeff Bewkes made the announcement during an earnings conference call on Wednesday. The deal is expected to cover the cable TV window for all upcoming and previously released DC Entertainment films including “Suicide Squad”.

Bewkes also revealed that the ten DC TV series currently on the air including the four The CW shows like “The Flash” and “Supergirl” along with FOX’s “Gotham” generate more than $1 billion in revenue a year for Time Warner.

The Time Warner boss lauded Squad’s performance and the success of DC Comics’ Rebirth event which have both been big successes.

Source: THR