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Warner Bros. Announces Simultaneous Movie Release in Theaters and Streaming for 2021

The iconic US film studio Warner Bros. just announced that each of Warner Bros. 2021 feature film release will not only be premiered in traditional movie theaters but on streaming services as well. The use of plural is not 100% correct, as only one streaming service has access to the exclusive roster of Warner Bros. 2021 movies: HBO Max. Warner Bros. 2021 Movies Will go Straight to Streaming To understand why HBO Max is the streaming service of choice, you should take a closer look at the gigantic corporate structures surrounding Warner Bros. The company is a division of WarnerMedia, which in turn is owned by AT&T. And under this umbrella there is another brand: HBO Max. So it remains in the family, so to speak. This whole thing is valid for US customers, in all other countries, Warner Bros. 2021 moveis will arrive in theaters first and then, after a given lead time will be released on streaming services as well. Business as usual. In the US however, HBO Max customers will get instant access to 17 major movies in total. This new business model is claimed to be a “uniquie one-year plan”. 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 2021Ann Sarnoff, the chief executive of the WarnerMedia Studios and Networks Group I’m not so sure whether such a major shift from traditional theatrical...

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Published By: CineD - Friday, 4 December, 2020

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