Warner Bros.

Warner Bros. dropped bombshell news earlier today, announcing that they would concurrently release all of their 2021 films on their respective release dates on HBO Max and movie theaters. This means movies such as Space Jam: A New Legacy, Dune, Matrix 4 and others will be available to everyone with an HBO Max subscription for one month before the movie leaves the streaming platform and returns to a more traditional theatrical distribution method.

The strategy is a bold solution on Warner Bros.' part to the havoc the COVID-19 pandemic has wracked on the movie industry in 2020, which delayed the release of several of the studio's hotly-anticipated titles.

"We’re living in unprecedented times which call for creative solutions, including this new initiative for the Warner Bros. Pictures Group," said WarnerMedia Chair and CEO Ann Sarnoff. "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."

The announcement certainly caused a stir on social media, as people wrestled with the implications such a strategy might have on the film industry in the post-pandemic times

Many were particularly concerned about movie theaters potentially going the way of Blockbuster if the model proves successful.

Also, the wording of the announcement is a bit confusing. To be clear, the films will release on HBO Max and in theaters on their individual release day. They are not all releasing at the same time.

The first film to use this distribution will be Wonder Woman 1984, which will release on HBO Max and in theaters on December 25th. Suddenly, it's become one of the most important movie releases for the future of cinema in history.


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Comments 6 total

Kekkles the Kek

Movies have been streamable for years and years and years. Releasing streaming movies alongside the theater release won't really change much. Theaters still have the advantage of massive screens and better sound systems.

0

Soxar

But with streaming people have the advantage of watching a new movie on their own while eating beans with no repercussions

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winton overwat

I don't think theaters will completely die but it will become a niche market.

-1

Crystal Geyser

Sure, but now you don't have to worry about a theater's Spaghetti Policy.

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Chewybunny

Begun the stream wars have.

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