WB's title dump on HBO Max might result in legal action from Legendary. We reported last week that Warner Bros. would dump some of its most popular titles onto HBO Max in 2021 in a deal that would release them on the streamer for 30 days, while simultaneously putting them in theaters. This was an unprecedented move that aimed to make HBO Max a more relevant streamer and position them for the future. It gave the company a boost in its stock and repositioned it in the market. It made its parent company, AT&T, very happy as well. While Hollywood, in general, was split on whether this meant the end of theatrical or just a bump in the road, Legendary was assessing what to do next. When you co-finance a blockbuster like Godzilla vs. Kong, you hope to get back the most bang for your buck. Traditionally, that comes from a robust theatrical market. I mean, Godzilla: King of the Monsters made $386,600,138 worldwide. Now, Deadline is reporting that Legendary is not happy at all with that being taken off the table. Read More...
Published By: NoFilmSchool - Monday, 7 December, 2020