Connect with us

Hi, what are you looking for?

Investing

Warner Bros to release all 2021 films on HBO Max and in cinemas on same day

In the heights of winter

Warner Bros will release all of its 2021 films, including Dune and The Matrix 4, online on the same day they hit cinemas.

The move to put such major blockbusters straight on streaming service HBO Max is another blow to the struggling cinema industry, which has largely closed as a result of the coronavirus pandemic.

Warner Bros said the one-year plan was in response to the “unprecedented times” of the outbreak, but the multiplexes will no doubt still be concerned about what it could mean for their future.

They have been stung by a raft of delays to high-profile films in 2020, including the latest instalments in popular franchises such as Marvel and James Bond.

Warner Bros previously announced it would be releasing Wonder Woman 1984 on HBO Max on the same day it hits cinemas in the US – Christmas Day.

The comic book sequel is still due to be released in UK cinemas on 16 December, although those are currently only allowed to be open in Tier 1 and Tier 2 areas and the biggest chain of the lot – Cineworld – is shut everywhere.

HBO Max is not yet available in the UK, but highlights how important streaming is now deemed to be in Hollywood, and follows the launch of platforms such as Disney+ and Comcast’s Peacock.

Disney’s live-action remake of Mulan skipped cinemas for Disney+ earlier this year, and Pixar’s upcoming Soul will be doing the same – also hitting the service on Christmas Day.

Warner Bros says it expects cinemas to reopen in 2021, albeit with a reduced capacity.

Films that are likely to be affected by the studio’s move include a Space Jam sequel, Godzilla vs Kong, Mortal Kombat, and the Lin-Manuel Miranda musical In The Heights.

Ann Sarnoff, chair and chief executive of WarnerMedia Studios and Networks Group, said the COVID-19 pandemic meant they needed to find “creative solutions”.

She said: “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 theatres in the US 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 theatres, 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.”

Films will leave HBO Max one month after launching on the platform, but will continue to run in cinemas.

Among its 2021 line-up are several films that were originally due for 2020, including Dune.

It is also not known whether the studio’s plan will extend outside the US, as HBO Max is not yet available elsewhere.

Read more:
Warner Bros to release all 2021 films on HBO Max and in cinemas on same day

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

By Diego Gabriel C. Robles THE Philippine economy expanded by 7.4% in the second quarter — slower than expected — as rising inflation weighed...

Economy

By Abigail Marie P. Yraola, Researcher THE Philippines’ merchandise trade deficit hit another record in June as imports continued to outpace exports despite a...

Economy

THE National Government’s (NG) outstanding debt as a share of the gross domestic product (GDP) eased to 62.1% at the end of June. Data...

Economy

By Keisha B. Ta-asan SOURED LOANS held by Philippine banks fell for a fourth straight month in June, bringing the nonperforming loan (NPL) ratio...

Economy

Smart says third telco player’s PCC complaint meant to avoid liability By Arjay L. Balinbin, Senior Reporter GLOBE Telecom, Inc. on Tuesday said it...

Economy

DMCI Holdings, Inc. reported on Tuesday that its second-quarter consolidated net income went up by 73% to P9.03 billion from P5.23 billion, driven by...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Economy

Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Investing

Instagram still holds the top spot for social media in terms of building brand reputation and expanding business potential. Every day, more and more...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.