Warner Bros. Discovery CEO David Zaslav notes that the company still has plenty of content that can be used in the future.

"We have a huge library of content," Zaslav said during the company's second-quarter 2022 earnings call. "And strategically, we are pivoting to the decision of anything that's important to us, to growing HBO, HBO Max, sitting down with Casey [Bloys, Chief Content Officer], sitting down with JB [Perrette, CEO and President, Global Streaming and Interactive], going through the data, what's critical to us, we're going to keep that exclusively. What kind of content could be non-exclusive and have no impact on us, we want to monetize that to drive economic value."

Related: Warner Bros. Discovery Writes-Down $825 Million in Content Losses

Zaslav continued on to say that Warner Bros. Discovery is also sitting on a library that it's not currently utilizing but could factor into future plans. "Massive amounts of TV and Motion Picture content that we're not using," continued Zaslav. "So do we use that to just develop our own best-of-class free platform? Do we sell a lot of that? And that's what we're going to come back to you with."

Warner Bros.' recent merger with Discovery has resulted in a slew of high-profile cancelations that have affected major projects that were nearing their end of production. Arguably the most notable film to get the axe is the DC Extended Universe movie Batgirl which was completed to the point where that the creative team was holding test screenings. While initial reports claimed that the movie's termination was due to its poor quality, Warner Bros. debunked this, explaining that Batgirl didn't line up with its renewed focus on major theatrical releases. "The decision to not release Batgirl reflects our leadership’s strategic shift as it relates to the DC universe and HBO Max," read the official statement.

While Barbara Gordon's DCEU debut may not come to fruition, Zaslav has reassured DC fans that there is a blueprint for the future of the shared cinematic universe. "We have done a reset. We’ve structured the business. There will be a team with a 10-year plan focusing just on DC. It’s very similar to the structure that Alan Horne and Bob Iger put together very effectively with Kevin Feige at Disney," said Zaslav, referencing the hyper-popular Marvel Cinematic Universe. It's currently unknown when this plan will come into effect.

Source: Warner Bros. Discovery Second Quarter 2022 Earnings Call