Warner Bros to stream all 2021 films on HBO Max

After a rocky rollout, HBO Max said in October that nearly 9 million people were using HBO Max, though 29 million had access to the streaming service as part of their HBO subscriptions. But with most major releases postponed and virus cases surging, about 60% of theaters have since closed again. But we don’t see that at this moment.”
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For all the latest Entertainment News, download Indian Express App. We’re allowing them be seen on the big screen which is what they were made for, but giving an alternative. By: AP | New York |

Updated: December 4, 2020 9:15:07 am

Dune (left), Judas and the Black Messiah (Right), The Suicide Squad and the others scheduled for release in 2021 will now stream on HBO Max in US.In the most seismic shift by a Hollywood studio yet during the pandemic, Warner Bros. Pictures on Thursday announced that all of its 2021 film slate — including a new Matrix movie, Godzilla vs Kong and the Lin-Manuel Miranda adaptation In the Heights — will stream on HBO Max at the same time the films play in theaters. Warner Bros.′ decision resonates especially because the 117-year-old studio of “The Wizard of Oz” and “Casablanca” has long been a market-leader in Hollywood — and one known as especially supportive of theaters. “We believe this approach serves our fans, supports exhibitors and filmmakers, and enhances the HBO Max experience, creating value for all. (Glen Wilson/Warner Bros. Universal Pictures last month made deals with both AMC Theatres and Cinemark to give them the option of shifting movies into home release after just 17 days in theaters. will turn to a hybrid distribution model next year. “But I’m very optimistic that this is a win-win-win for our fans, our filmmakers and our exhibitors. Tom and Jerry was scheduled for a theatrical release in 2021. only makes the pain being felt by exhibitors all the more acute. But after disappointing domestic ticket sales for Tenet, and with the majority of US theaters currently closed, the AT&T-owned Warner Bros. Daniel Kaluuya stars in the upcoming Judas and the Black Messiah. But he said AMC would oppose the same approach into 2021, when a vaccine could accelerate a recovery. Warner Bros.′ move amounts to an acknowledgement that any full rebound for theaters is still a year or more away. “As for AMC, we will do all in our power to ensure that Warner does not do so at our expense.”
Under chief executive Jason Kilar, the former Hulu chief, WarnerMedia recently reorganized to further prioritize its streaming service. confirmed the films will be available to subscribers with no further charge. Regal Cinemas, the country’s second largest chain, has shut all its doors. He has moved aggressively to boost HBO Max, even if it comes at the expense of the theatrical marketplace. If that pivot sent shockwaves through the industry, Thursday’s announcement rattled Hollywood to the core.https://images.indianexpress.com/2020/08/1×1.png
“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. (Chia Bella James/Warner Bros. Having been shuttered for much of the year, cinemas reopened nationwide in late summer except in some key locations, including Los Angeles and New York. Adam Aron, chief executive of the world’s largest chain, said AMC had gone along with the Wonder Woman 1984 plans because of the virus surge. The film will release on HBO Max along with theatres. The studio has generally ranked among the top two studios in market share over the past decade — most recently dwarfed only by Walt Disney. “Big and bold is a necessity right now.”
Dune is one of the biggest releases of 2021. The demise of the traditional 90-day theatrical window — something long sought by some in Hollywood — has accelerated, and many think it’s gone for good. The hybrid approach also allows us to market them in a fuller way than we would have had we just looked at the less-than-full capacities in theatrical right now.”
Warner Bros.′ 2021 slate includes many of the expected top movies of the year, including Dune, The Suicide Squad, Tom & Jerry, The Conjuring: The Devil Make Me Do It, King Richard and Judas and the Black Messiah. The move follows Warner Bros.′ decision to put Wonder Woman 1984 on HBO Max in December, along with a concurrent theatrical run. “Clearly WarnerMedia intends to sacrifice a considerable portion of the profitability of its movie studio, and that of its production partners and filmmakers, to subsidize HBO Max,” said Aron in a statement. Entertainment via AP)
The move by Warner Bros. (Warner Bros. 📣 The Indian Express is now on Telegram. Entertainment via AP)
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. Internationally, the studio’s 17 films planned for 2021 release will roll out exclusively in theaters. After one month, they will stop streaming and continue to play only in theaters. Disney has postponed most of its releases, but redirected Hamilton, Mulan and the upcoming Pixar release Soul to Disney+. Warner’s films typically account for $1.5-2 billion annual in ticket sales in North America — a lot of money to compensate for in HBO Max subscribers. Following Warner Bros.′ announcement, shares of AMC Entertainment fell 16%; Cinemark was down 22%. If you read the medical experts that’s going to take a while to work its way through the system,” said Sarnoff. “If we saw an end in sight to the pandemic, we might have a different strategy. Films will debut simultaneously in theaters and on HBO Max in the US. We’re getting the movies out. “I can’t comment on the economics of how it will all work — I’d need a crystal ball for that,” said Sarnoff. Don't Miss These StoriesTenet review: Christopher Nolan film is so underwhelming and confusingIt is my duty to finish Annaatthe first: RajinikanthGodmothered review: Jillian Bell and Isla Fisher's film is a fairytale with a twistClick here for more

It’s the latest in a series of sea changes sweeping through an industry convulsed by the pandemic. Entertainment via AP)
“Our content is extremely valuable, unless it’s sitting on a shelf not being seen by anyone,” said Kilar in a statement. For comparison, Disney+ has about 74 million subscribers, though it’s available worldwide. Among the myriad release plan changes wrought by the pandemic, no studio has so fully embraced streaming as a lifeline. “We’ve got to get people back in theaters at full capacity at some point. Warner Bros. AMC vehemently disagreed with Warner Bros.′ strategy.