(Credit to CBR) Regarding the news about Warner Bros placing an Embargo for movie reviews for Green Lantern...

Well, apparently not only is it because the reviews were bad... but also because WB is already in the middle of development for the Green Lantern sequel. 
 
In other words, they could stand to lose MORE than the $300 million they put into the 1st movie if it doesn't do well, coz that will basically halt any chance of the sequel already in development, and lose more $$$ on the cost on the already on-going production.

That's Hollywood for you, but apparently WB counted their chickens before the eggs even hatched.

Warner Bros. was already in development for a Green Lantern sequel

http://www.mtv.com/news/articles/1665719/green-lantern-sequel-ryan-reynolds.jhtml

Ryan Reynolds was still busy in a blue-screen studio bringing the starry magic of "Green Lantern" to life when Warner Bros. started moving ahead with plans for a sequel.

But with the first flick not hitting theaters until this Friday, the actor isn't going to spill all the details.

"I'm not throwing that out there at all," he said.

He did, nonetheless, toss us a few clues — most tantalizingly about what's in store for Jordan and Sinestro, an ally who eventually becomes one of Jordan's greatest enemies. "There's such a rich history with this character, so you get really excited about the possibility," Reynolds explained. "The inevitable war between Hal and Sinestro is something that will have to be dealt with in the second movie for sure, but there's always subplots and a lot of other interesting things going on that are setting up a possible third film."

Regardless of bad reviews, theres no way the movie will financially bomb in theatres though...right?

Regardless of bad reviews, theres no way the movie will financially bomb in theatres though...right?

@Jordanstine: @Gambit1024: I'll be honest, I'd rather the movie only perform average in theatres. It'll force them to do better, y'know? (in theory)

@Gambit1024: I hope Superman is good. Zack Snyder is really hit and miss as a director - for me. I enjoyed Watchmen and Dawn of the Dead, but didn't really like 300 or Sucker Punch all that much. Heres hoping he gets Superman right...

Green Lantern wasn't all that great. It just was kind of boring, and the last fight did not pay off. When it ended I was still waiting for the movie to "start" if you know what I mean. Should have just been made for TV.

 
. . . because WB is already in the middle of development for the Green Lantern sequel. 
 
. . . halt any chance of the sequel already in development, and lose more $$$ on the cost on the already on-going production.

Warner Bros. was already in development for a Green Lantern sequel

http://www.mtv.com/news/articles/1665719/green-lantern-sequel-ryan-reynolds.jhtml

Ryan Reynolds was still busy in a blue-screen studio bringing the starry magic of "Green Lantern" to life when Warner Bros. started moving ahead with plans for a sequel."

@Adnan: @Gambit1024: This is from Box Office Mojo

"This weekend, Green Lantern's light was more red than green, but the comic book adaptation still drew an estimated $52.7 million on approximately 7,200 screens at 3,816 locations.

Green Lantern's start landed behind X-Men: First Class's $55.1 million and Thor's $65.7 million. It was also less than The Incredible Hulk and the two Fantastic Four movies, and the attendance disparity was even greater. Green Lantern's estimated attendance was even lower than Daredevil and Ghost Rider."

$52.7 million might not sound like a bad start but it has to be really disappointing for WB who threw a lot more money at this film than those other superhero movies had. If there is a drop off in attendance in the coming weeks, and that is expected given the weak reviews GL is getting and the upcoming competition from Pixar's Cars 2 (and then Transformers, then Harry Potter, etc) then I think a Green Lantern sequel is looking quite unlikely.

@Gambit1024: I agree. DC/WB will probably find a way around this. They might make their Justice League film eventually and if that does well they could spin off characters (like Flash and maybe even GL) into their own movies. Also, Green Lantern might do well overseas and if it still makes money somehow then a sequel is not out of the question, yet. Like you said - anything is possible. And I'd like a Flash movie too to be honest.

@Gambit1024: I agree. DC/WB will probably find a way around this. They might make their Justice League film eventually and if that does well they could spin off characters (like Flash and maybe even GL) into their own movies. Also, Green Lantern might do well overseas and if it still makes money somehow then a sequel is not out of the question, yet. Like you said - anything is possible. And I'd like a Flash movie too to be honest.

@Gambit1024: You may be right. I'm just speculating about a JLA movie coming out before stand alone character films because that seems to be what WB wants to do. Every couple years we hear plans of a JLA film even though there aren't films leading up to it like Marvel does with their Avengers characters. I prefer the Marvel approach but I don't think WB will put as much effort into their strategy. You're so right though. There are a lot of things to consider when making a JLA film and I think that is one of teh reasons it hasn't gotten off the ground yet.

I think Flash could be a great series too, and not hard to do at all. The writers behind Green Lantern are the ones developing Flash though, so that doesn't inspire confidence in me. lol

it might continue as an animated feature