In the most dramatic move yet for a studio making its plans for movie releases in 2021, Warner has announced that it will put its entire theatrical line-up onto streaming next year. As reported by Variety, the studio's movies will hit HBO Max in the US and Canada simultaneously with a theatrical release for the first month of release. This includes films such as the The Matrix 4, Dune, Godzilla vs. Kong, Mortal Kombat, The Suicide Squad, The Conjuring: The Devil Made Me Do It, Space Jam: A New Legacy, James Wan's horror movie Malignant, and the Sopranos prequel The Many Saints of Newark. Once the first month is over, the movies will leave HBO Max and will follow a normal release pattern.
Warner has stated that this is a "one year plan" and that the initiative won't continue into 2022. In a statement, WarnerMedia chair and CEO Ann Sarnoff said, "We're living in unprecedented times which call for creative solutions, including this new initiative for the Warner Bros. Pictures Group. 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 U.S. will likely operate at reduced capacity throughout 2021." Continue Reading at GameSpot
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