All this talk about whether WB is happy, I think we commoners will never ever truly know. We don't know how much marketing and distribution cost, or how much merchandise and tie-ins and other sources of revenue bring. I mean just look at Star Trek Into Darkness. Its budget is 190M, which is quite the same level of SS, but it made a grand total of 467M WW. If you just look at its box office, do you think the next ST movie justify a 185M budget? No. But ST Beyond has that budget. My point is if we don't know the total revenue coming from all sources, it's just pointless to debate whether WB is happy with all of this. Well certainly it isn't a mega success like the MCU (which is probably something WB execs promise shareholders), but just not being the MCU doesn't mean it's the end of the world, I don't look into all the numbers but I think WB is still having a better year than Universal, Fox and Sony (and obviously Paramount).
@Matt: Maybe there're TW shareholders suing the BoD already but we don't know about. And if there hasn't been any law suits yet then maybe the situation isn't as serious as you think (though if your client is a big shareholder then you can probably call their lawyers to start one). Anyway I just feel that you're rather passionate and emotionally attached to this topic (about the current situation at WB and their wrong decisions/ action). If you aren't a shareholder and your client holds TW shares, then you can just recommend them to sell (you're in Wealth Management for private clients I guess). After that whatever decision WB makes doesn't matter to you anymore and you don't need to be so bothered by their actions anymore. All this discussion is all fun and informative but you don't really need to debate so hotly about that.
Tl;dr: just chill, mate