That is a great question. They lost eight of their top market stations a couple of months ago and honestly I thought that would spell doom for Superman and Lois.
For Warner Bros. it makes sense because they still own the first three seasons, and those are valuable to go into syndication worldwide, as well as licensed to streaming services around the world.
To make the dual deals possible there will be budget cuts that include reducing the number of series regular cast members. Superman & Lois has 12 series regulars, Deadline hears the leads are not expected to be affected but supporting cast members will likely be. (Speeding up the decision is the fact that cast options are set to expire this week.)
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