The article headline contradicts the article, which states multiple companies did see it and made offers that apparently were not high enough to meet the arbitrary floor that the Warner Brothers executive who did not see the movie had set.
People like Zazlov or whatever his name is can’t accept being wrong so there is zero chance of the movie ever coming out as long as he is in charge, even if someone offered more.
IIRC, it was decided it was going to be an insurance loss/payout, even though it is an allegedly good movie.