Amid a $3.42 billion loss for Warner Bros. LeBron James’ upcoming movie gets shelved! 

While the Lakers media day might have brought smiles for LeBron James, it hasn’t been too long since his movie got shelved by Warner Bros.

As economies reel back from the cash influx due to the coronavirus pandemic, a recession was bound to occur. And as a result, a lot of companies have recorded massive losses. A recession is looming as per the latest reports.

And while the NBA is enjoying a massive boost in popularity and a growth in revenue, certain players might not be too happy outside the league. Case in point LeBron James, whose movie was shelved by Warner Bros.

The reason for shelving? A $3.42 billion loss for the company during the first quarter of this month. The movie titled “House Party” was supposed to be a remake of the 1990 cult comedy of the same name.

Report: LeBron James to produce remake of 1990 cult comedy ‘House Party’ https://t.co/Hd5mZMcn6B

— NBACentral (@TheNBACentral) April 9, 2021

Given LeBron’s luck with remakes we’re not too surprised.

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LeBron James and Maverick Carter’s SpringHill productions get their movie scrapped amid losses from Warner Bros.

The movie had received a green light as well as had started production already. However, the gargantuan losses from Warner Bros. meant that certain titles had to be booted.

First look at the HBO MAX comedy, “House Party.”
“When a pair of house cleaners discover they’re assigned to clean the mansion of Lebron James, they decide to throw a giant party. When Lebron’s championship rings goes missing, they’re launched into a night they won’t forget.” pic.twitter.com/AwHLKxofSf

— The Black C.A.P.E. (@theblackcapemag) May 11, 2022

The announcement from Warner Bros and its subsidy HBO MAX came about later this year, after presumably consolidating their losses. LeBron would have been rather dejected with this one.

The ‘House Party’ reboot produced by LeBron James (@KingJames) has officially been shelved.

The film was set to star Jacob Latimore, Rotimi and more. https://t.co/ov8Xm6qde9 pic.twitter.com/v6E5R16MMj

— Okayplayer (@okayplayer) August 3, 2022

But given how his other remake, or sequel? Shall we say, bombed at the box office, we think LeBron might have saved himself some blushes? And with a crucial season ahead, it is only good that he won’t have distractions outside the game.

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