Internationally, the studio’s 17 films planned for 2021 release will roll out exclusively in theaters. “If we saw an end in sight to the pandemic, we might have a different strategy. If you read the medical experts that’s going to take a while to work its way through the system,” said Ms.
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“We’ve got to get people back in theaters at full capacity at some point. Moral nation? Why Germany changed course so radically on Russia. Warner Bros.’ move amounts to an acknowledgement that any full rebound for theaters is still a year or more away. Sarnoff called it a “temporary solution” and a “one-year plan.” The studio said other options – releasing big-budget films solely in reduced capacity theaters or delaying films another year – weren’t appealing. “Given the unprecedented time that we’re in, we needed a creative solution to address our fans, our filmmakers, and our exhibitors, said Ann Sarnoff, chief executive of WarnerMedia Studios, in an interview. If that pivot sent shockwaves through the industry, Thursday’s announcement rattled Hollywood to the core. The move follows Warner Bros.’ decision to put “Wonder Woman 1984” on HBO Max in December, along with a concurrent theatrical run. After one month, they will stop streaming and continue to play only in theaters. Films will debut simultaneously in theaters and on HBO Max in the United States. will turn to a hybrid distribution model next year.
But after disappointing domestic ticket sales for “Tenet,” and with the majority of American theaters currently closed, the AT&T-owned Warner Bros. Kong,” and the Lin-Manuel Miranda “In the Heights” adaptation – will stream on HBO Max at the same time the films play in theaters.Īmong the myriad release plan changes wrought by the pandemic, no studio has so fully embraced streaming as a lifeline.
Pictures on Thursday announced that all of its 2021 film slate – including a new “Matrix” movie, “Godzilla vs.
In the most seismic shift by a Hollywood studio yet during the pandemic, Warner Bros.
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