[vc_row][vc_column][vc_single_image image=”4325″ img_size=”900×500″ alignment=”center”][vc_column_text]News hit yesterday that caused an uproar with both comicbook fans and more specifically DC fans. Swamp Thing was canceled a few days after the premiere of episode 1 with the hashtag “#SaveSwampThing” trending on Twitter yesterday. There was a theory (or more of a confirmation) circling around that the reason of its cancellation may have been due to an accounting error made by the state of North Carolina, but now we know that there was not a miscommunication and actually Warner Bros. already knew the amount they would receive.
According to Comic Book Resources, they received a quote from Guy Gaster, the Director of the North Carolina Film Office, clarified that the state and Warner Bros. entered into their contract with both parties fully aware of how the numbers would break down. Further, Mr. Gaster provided the amount of the tax rebate, as well as the actual tax break amount Swamp Thing was eligible to receive for its pilot episode, and Season 1 overall.
“The production team for Swamp Thing knew before production began that North Carolina would offer up to $4.9M in rebates for their pilot episode and $12M for the remainder of season one. They accepted said offer and even signed a contract with the state with those figures. Per state legislation, the NC Film and Entertainment grant can only award up to $12M per season for a series. Per the program’s guidelines, pilot episodes are counted as their own series. In total, the program only receives $31M annually”.
It was previously believed North Carolina promised WarnerMedia a tax rebate that ended up getting diminished due to a paperwork error. The theorized $40 million would have covered half of the first season’s budget, which is estimated to be at $80 million. CBR reached out to WB/DC but have not received a comment yet.
Watch Swamp Thing on the DC streaming service. All 10 episodes of the series will still air weekly on DC Universe, with the finale set for Aug. 2. Let us know in the comments your thoughts on the situation.
Source: CBR[/vc_column_text][/vc_column][/vc_row]
Just a guy that grew up on DC and the MCU, anime, and video games and loves traveling across the world and learn about different cultures.
