• Good News

Agatha De Borja

Warner Bros Will Stream 2021 Films Despite Pandemic Crippling Through Theaters

      Since the reality shattered for Hollywood when it comes to the closing theaters, Warner Bros announced that they will release all the 2021 films on HBO Max and in theaters at the same time including "The Matrix 4" and "Dune". According to Warner Bros Chair and CEO Ann Sarnoff, we are living in such times that everyone is called for creative solutions. 

"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 theaters in the US will likely operate at reduced capacity throughout 2021."

      This is also what we call the 'Hybrid Model' which will make films become available on HBO Max streaming in the US for a month from the date of their theatrical release. The films will continue to release around the world even if HBO Max is not currently available. What can we also learn from Warner Bros and other major Hollywood studios? The moral lesson is to innovate and develop new ideas constantly as big adjustments are forcing us. Anyway, this is the good news coming from Hollywood.

Source: https://www.philstar.com/entertainment/2020/12/05/2061701/warner-bros-stream-2021-film-releases-virus-cripples-theaters
Photo Credit: JoBlo.com