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All Warner Brothers 2021 releases going to HBO Max [View all]
https://www.cnbc.com/2020/12/03/warner-bros-to-release-every-2021-movie-on-hbo-max-at-the-same-time-as-theaters.htmlAT&’s Warner Bros. announced on Thursday that all of its films scheduled to launch in 2021 will be released on HBO Max at the same time they are available in theaters.
It’s an example of how AT&T is adapting to the coronavirus pandemic, allowing people to safely watch new movies at home without having to venture out to a movie theater
It’s currently a one-year plan.
This is going to change the economics of big budget movies. Box offices for the expensive blockbusters are probably going to be a 1/3rd of what they were before Covid. Of particular concern to me is Dune which will be the first half of the book. How much will they spend to film the second half now?
Stars are going to be taking smaller pay days or not working. The number of big budget movies are going to go down as well as the amount that is spent on these movies.
Disney will probably soon follow. I am guessing Universal/Peacock as well.
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