VIP+ Analysis: As much as “Joker: Folie à Deux” failed to launch, it’s the last project that predates the new DC Studios co-chairs.
Photo collage: Variety VIP+; "Joker: Folie à Deux" COURTESY OF Warner Bros. Entertainment; "The Penguin" COURTESY OF Max“Joker” sequel’s opening pales in comparison to its predecessor and is dead on arrival with a bloated budget
When “Joker” set a record in 2019 for R-rated movies at the box office, it made Warner Bros. management look like visionaries to the industry. Prior to that, Warners was reeling from $2 billion in losses associated with its Project Popcorn initiative that sent its studio's films to HBO Max. That’s whyy Abdy and De Luca opted to prioritize more big-name filmmakers in the wake of Christopher Nolan’s exodus to Universal, where he made “Oppenheimer.”
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