Leslie Grace, the new Batgirl 0:38
(CNN) --
Warner Bros. announced that the "Batgirl" movie that was to bring the DC Comics character to the big screen will no longer be released.
"The decision not to release 'Batgirl' reflects our leadership's strategic shift in relation to the DC Universe and HBO Max," a Warner Bros. spokesman said in a statement Tuesday.
(CNN is part of Warner Bros. Discovery.)
The film was to star "In the Heights" star Leslie Grace in the title role.
Leslie Grace as Batgirl.
The studio also announced that his movie "Scoob! Holiday Haunt" will also be dropped from the plans.
"Leslie Grace is an incredibly talented actress and this decision is not a reflection of her performance," the statement added.
"We are incredibly grateful to the makers of 'Batgirl' and 'Scoob! Holiday Haunt' and their respective casts and look forward to collaborating with everyone again in the near future."
The film, directed by Adil El Arbi and Bilall Fallah, was due to premiere later this year on the HBO Max streaming service.
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In addition to Grace, the film starred Michael Keaton as Batman, JK Simmons, and Brendan Fraser.
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The announcement to scrap plans for the two films comes amid attempts by Warner Bros. Discovery to cut $3 billion in costs following its merger in April.
JJ Abrams' HBO movie "Demimonde" was canceled last month.
Warner Bros. Discovery networks such as TNT and TBS have also suffered cuts, such as Samantha Bee's "Full Frontal" after seven seasons.
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