Given that by summer, theaters are likely to be open again, this is a pretty bold move (in my opinion, not typical of T to be bold)....Will it work? It'll likely get more HBO Max subscribers, but what will it do to box office receipts and the future treatment Warner Bros gets from theaters???
https://www.hollywoodreporter.com/news/warner-bros-smashes-box-office-windows-will-send-2021-slate-to-hbo-max-and-theaters
In an unprecedented announcement, the studio will send 17 films — including 'The Matrix 4,' 'The S–c-de Squad' and 'Dune' to its streaming service for 31 days the same day they hit theaters.
Warner Bros. is plotting a sweeping response to the ongoing COVID-19 pandemic, which has shuttered movie theaters around the country. After announcing that Wonder Woman 1984 will go to HBO Max as well as theaters on Dec. 25, the studio has laid out a similar path for its 2021 slate amid uncertainty about when movie-going will get back to normal.
The studio announced Thursday day-and-date releases for its 17-film slate, which will hit HBO Max for a one-month window that starts the same day they will be available in U.S. theaters.
The studio's 2021 slate includes projects such as The S–c-de Squad, The Matrix 4, Dune, Godzilla vs. Kong and Space Jam: A New Legacy. Other films include Little Things, Judas and the Black Messiah, Tom & Jerry, Mortal Kombat, Those Who Wish Me Dead, The Conjuring: The Devil Made Me Do It, In The Heights, Reminiscence, Malignant, The Many Saints of Newark, King Richard and Cry Macho.
The unprecedented move is likely to catch theater owners off guard and upsets a model that has been in place for decades. Warner Bros. stresses that these are pandemic-only rules, but once a something is broken, can you really put it back together again? This also raises serious concerns about the landscape of movie-going in 2021.
Sources say these discussions were kept close to the vest and not shared with many exhibitors. Warner Bros. will likely have to agree to far more generous terms with theater owners to avoid them boycotting their films. Insiders say the Wonder Woman 1984 split of ticket sales is far better for exhibitors than normal. Sources also say the studio did not inform partners such as Legendary, which has Godzilla vs. Kong, that their films were included in this plan.
“We’re living in unprecedented times which call for creative solutions, including this new initiative for the Warner Bros. Pictures Group,” said Ann Sarnoff, chair and CEO, WarnerMedia Studios and Networks Group “No 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. With 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’t quite ready to go back to the movies the chance to see our amazing 2021 films. We see it as a win-win for film lovers and exhibitors, and we’re extremely grateful to our filmmaking partners for working with us on this innovative response to these circumstances.”
“After 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’s motion picture business to navigate the next 12 months,” said WarnerMedia CEO Jason Kilar. “More 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’s 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.”
“This hybrid exhibition model enables us to best support our films, creative partners and moviegoing in general throughout 2021,” said Warner Bros. Pictures Group chairman Toby Emmerich. “We have a fantastic, wide-ranging slate of titles from talented and visionary filmmakers next year, and we’re excited to be able get these movies in front of audiences around the world. And, as always, we’ll support all of our releases with innovative and robust marketing campaigns for their theatrical debuts, while highlighting this unique opportunity to see our films domestically via HBO Max as well.”
HBO Max is only available in the United States, and Warners' 2021 slate will roll out internationally in theaters as planned. The move comes after Warners released Christopher Nolan's Tenet in theaters this summer amid challenges faced by the pandemic.
Universal has already shortened theatrical windows via its unique VOD plan, which was put in place because of the pandemic.