{"id":121615,"date":"2020-12-04T00:06:43","date_gmt":"2020-12-03T22:06:43","guid":{"rendered":"https:\/\/ngradio.gr\/?p=121615"},"modified":"2020-12-04T00:06:43","modified_gmt":"2020-12-03T22:06:43","slug":"warner-bros-to-debut-entire-2021-film-slate-including-dune-and-matrix-4-both-on-hbo-max-and-in-theaters","status":"publish","type":"post","link":"https:\/\/ngradio.gr\/en\/cinema-tv\/warner-bros-to-debut-entire-2021-film-slate-including-dune-and-matrix-4-both-on-hbo-max-and-in-theaters\/","title":{"rendered":"Warner Bros. to debut entire 2021 film slate, including \u2018Dune\u2019 and \u2018Matrix 4,\u2019 both on HBO Max and in theaters"},"content":{"rendered":"

When Warner Bros. announced that \u201cWonder Woman 1984\u201d would\u00a0land on the streaming service HBO Max<\/a>\u00a0on Christmas, the same time it debuts in theaters, many expected it to be an isolated case in response to an unprecedented pandemic.<\/p>\n

Instead, the studio will deploy a similar release strategy for the next 12 months. In a surprising break from industry standards, Warner Bros.\u2019 entire 2021 slate \u2014 a list of films that includes \u201cThe Matrix 4<\/a>,\u201d Denis Villeneuve\u2019s \u201cDune<\/a>\u201d remake, Lin-Manuel Miranda\u2019s musical adaptation of \u201cIn the Heights,\u201d \u201cSopranos\u201d prequel \u201cThe Many Saints of Newark\u201d and \u201cThe Suicide Squad\u201d \u2014 will debut both on HBO Max and in theaters on their respective release dates. The shocking move to simultaneously release movies day-and-date underscores the crisis facing movie theaters and the rising importance of streaming services in the wake of a global health crisis that\u2019s decimated the film exhibition community.<\/p>\n

Warner Bros.\u2019 2021 release slate also includes Denzel Washington\u2019s thriller \u201cThe Little Things,\u201d biographical drama \u201cJudas and the Black Messiah,\u201d a remake of \u201cTom and Jerry,\u201d \u201cGodzilla vs. Kong,\u201d video game adaptation \u201cMortal Kombat,\u201d \u201cThose Who Wish Me Dead,\u201d \u201cThe Conjuring: The Devil Made Me Do It,\u201d \u201cSpace Jam: A New Legacy,\u201d \u201cReminiscence,\u201d James Wan\u2019s \u201cMalignant\u201d and sports drama \u201cKing Richard.\u201d<\/p>\n

In the short term, the move will inject some welcome buzz into HBO Max, a Netflix challenger that launched last spring without generating much sizzle. One of\u00a0WarnerMedia<\/a>\u2019s key rivals, the Walt Disney Company has strengthened its share price because of its investment in streaming offerings such as Disney Plus even as its core theme parks and film businesses have cratered. WarnerMedia and its corporate parent AT&T are likely making the move with an eye towards pleasing Wall Street.<\/p>\n

Like \u201cWonder Woman 1984,\u201d the films that Warner Bros. plans to release in 2021 will be available to HBO Max subscribers for 31 days. After the one-month mark, those movies will only play in theaters until they reach the traditional home entertainment frame. From there, people can rent through online platforms like Amazon, iTunes or Fandango. It\u2019s unclear when the titles will return to HBO Max.<\/p>\n

WarnerMedia chair and CEO Ann Sarnoff referred to the model as a \u201cunique one-year plan.\u201d Executives at the company have stressed the initiative isn\u2019t expected to continue into 2022 or beyond \u2014 it\u2019s considered a temporary solution in response to the ongoing global heath crisis.<\/p>\n

\u201cWe\u2019re living in unprecedented times which call for creative solutions, including this new initiative for the Warner Bros. Pictures Group,\u201d Sarnoff said in a statement. \u201cNo one wants films back on the big screen more than we do. We know new content is the lifeblood of theatrical exhibition, but we have to balance this with the reality that most theaters in the U.S. will likely operate at reduced capacity throughout 2021.\u201d<\/p>\n

\u201cWith this unique one-year plan, we can support our partners in exhibition with a steady pipeline of world-class films, while also giving moviegoers who may not have access to theaters or aren\u2019t quite ready to go back to the movies the chance to see our amazing 2021 films,\u201d she continued. \u201cWe see it as a win-win for film lovers and exhibitors, and we\u2019re extremely grateful to our filmmaking partners for working with us on this innovative response to these circumstances.\u201d<\/p>\n

Variety<\/em>\u00a0reported earlier this week<\/a>\u00a0that Warners. was considering sending several films to HBO Max and theaters day-and-date. But the studio opted to move forward with the rest of its upcoming slate because the film landscape is getting rockier as the pandemic worsens and parts of the United States consider implementing new stay-at-home orders. The idea that people will return to the movies anytime soon is looking more distant as the pandemic nears the one-year mark. It\u2019s also unclear what kind of distribution footprint will await studios on the other end of the pandemic. More than 60% of U.S. theaters have closed down again, and that number could continue to rise if cases continue to spike around the holidays. Those that remain open are teetering on the edge of bankruptcy. As a sign of these troubles, just hours before Warner Bros. disclosed its plans, AMC announced that it was selling up to 200 million shares of stock in an effort to raise as much as $834 million and shore up its liquidity.<\/p>\n

To get theaters on board and allow Warners to break the theatrical contract for \u201cWonder Woman 1984,\u201d the studio is giving cinemas a more generous cut of ticket sales. Theater chains are receiving as much of 60% of revenues. But sources say that won\u2019t be the case for upcoming releases.<\/p>\n

Thursday\u2019s announcement from Warner Bros. is yet another example of just how dramatically the coronavirus crisis has shifted the power dynamic between studios and theater operators. Even with effective vaccines starting to be approved, the latest move by Warner Bros. suggests the balance may never return in favor of exhibitors.<\/p>\n

Months ago,\u00a0Universal Pictures took an axe<\/a>\u00a0to the theatrical window \u2014 industry parlance for the amount of time a new release plays exclusively in theaters. But in comparison, Universal\u2019s terms of agreement with movie theater chains AMC and Cinemark make them look like downright martyrs. Under those pacts, the studio can put new movies on premium video-on-demand platforms in as little as 17 days. Films that generate at least $50 million in opening weekend ticket sales, however, will have to play exclusively in theaters for 31 days, or five full weekends. Traditionally, new releases remain on the big screen for 75 to 90 days before they move to digital platforms for a $19.99 rental fee. Universal has agreed to give the two circuits a cut of digital sales to get them to play ball. It\u2019s not clear if theaters will receive any benefits from Warner Bros.<\/p>\n

Warner Bros., perhaps more than any of its rivals, knows how unforgiving the theatrical market can be amid a pandemic. When the studio released Christopher Nolan\u2019s \u201cTenet\u201d in September in an attempt to revive a nationwide return to moviegoing, the $200 million-budgeted sci-fi epic mostly fell flat. \u201cTenet\u201d generated substantial ticket sales overseas, but returns were lackluster in the United States. As a result, the movie is expected to lose many millions.<\/p>\n

In an interview with\u00a0Variety<\/em>, studio chief Toby Emmerich said the hybrid plan came about after exploring various options for \u201cWonder Woman 1984.\u201d The international box office has significantly rebounded and even fielded some big hits in China and Japan. Alternatively, the domestic market hasn\u2019t seen any movie come close to blockbuster levels in terms of ticket sales. HBO Max is only available in the U.S.<\/p>\n

\u201cWe thought it could be a win-win and give the consumers the best choice,\u201d he said. \u201cUnfortunately, the U.S. has been one of the most hobbled markets in terms of theatrical. Outside the U.S., in places like China, South Korea, Japan, parts of Western Europe, our films will only be available in theaters. We think those markets can perform better.\u201d<\/p>\n

\u201cAfter considering all available options and the projected state of moviegoing throughout 2021, we came to the conclusion that this was the best way for WarnerMedia\u2019s motion picture business to navigate the next 12 months,\u201d said WarnerMedia CEO Jason Kilar. \u201cMore importantly, we are planning to bring consumers 17 remarkable movies throughout the year, giving them the choice and the power to decide how they want to enjoy these films. Our content is extremely valuable, unless it\u2019s sitting on a shelf not being seen by anyone. We believe this approach serves our fans, supports exhibitors and filmmakers, and enhances the HBO Max experience, creating value for all.\u201d<\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

Source: variety.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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