WEBVTT 00:00:03.800 --> 00:00:08.000 In the next year Warner Brothers Pictures is bringing you the 00:00:08.000 --> 00:00:15.200 biggest premiere on HBO now. 00:00:16.600 --> 00:00:20.700 The exact same day. 00:00:20.700 --> 00:00:23.700 I'm Amanda and Duca for deadline. 00:00:23.700 --> 00:00:28.400 Now. It was long ago a parent that 2020 would be a year like 00:00:28.400 --> 00:00:30.200 no other for the entertainment industry. 00:00:30.200 --> 00:00:36.300 But 2021 is shaping up to be very different as well on Thursday 00:00:36.300 --> 00:00:39.500 Warner Brothers announce as seismic shift and the way it will 00:00:39.500 --> 00:00:40.900 distribute movies next year. 00:00:40.900 --> 00:00:46.100 The studio will debut its entire 2021 slate simultaneously 00:00:46.100 --> 00:00:50.500 and theaters and on HBO Max according to deadlines Anthony 00:00:50.500 --> 00:00:54.300 dalesandro following the one month HBO Max access. 00:00:54.300 --> 00:00:58.700 Domestically Eastvale movie the popcorn and continued theatrically 00:00:58.700 --> 00:01:02.700 in the US and international territories with all customary 00:01:02.700 --> 00:01:06.000 distribution Windows applying to the title that includes 00:01:06.000 --> 00:01:11.100 big projects like Wonder Woman 1984, June Godzilla vs. 00:01:11.100 --> 00:01:16.400 Kong Space Jam The Suicide Squad King Richard and the maitre 00:01:16.500 --> 00:01:21.000 Warner Brother said on Thursday that the move is quote is to teach 00:01:21.000 --> 00:01:24.400 a response to the impact of the ongoing Global pandemic 00:01:24.400 --> 00:01:28.300 but said Warner Brothers Pictures group Co oh Caroline Blackwood 00:01:28.300 --> 00:01:32.400 boats. This is a temporary 2021 plan Cinemark. 00:01:32.400 --> 00:01:35.600 The number 3 exhibition chain said it had not been apprised 00:01:35.600 --> 00:01:39.000 of Warner's plan a company rep told deadline the chain would 00:01:39.000 --> 00:01:43.800 be quote making near-term booking decision on a film by film 00:01:43.800 --> 00:01:47.600 basis. The seismic shift comes 2 weeks after Warner's announce 00:01:47.600 --> 00:01:51.400 Wonder Woman 1984 would receive a similar simultaneous 00:01:51.400 --> 00:01:55.700 release + limited window on HBO Max on December 25th. 00:01:55.700 --> 00:01:59.500 The plan was accepted by theater honchos as a one-off and the 00:01:59.500 --> 00:02:03.100 worst month of the pendemic of course Warner Brothers gave Christopher 00:02:03.100 --> 00:02:07.700 Nolan's Tennessee vehicle only debut in September that didn't 00:02:07.700 --> 00:02:11.700 go well domestically with about a 54 million-dollar 00:02:11.700 --> 00:02:16.200 take that film fare better abroad especially in Asia. 00:02:16.500 --> 00:02:20.000 But it got nowhere near the heights to which Noah's previous 00:02:20.000 --> 00:02:24.100 films have ascended versus tell deadline that even with the simultaneous 00:02:24.100 --> 00:02:27.800 debut. The Wonder Woman sequel will likely lose money, 00:02:27.800 --> 00:02:30.900 but you can if I'm as a loss leader might not be the worst 00:02:30.900 --> 00:02:34.700 thing for the studio the entire slide could help mourners 00:02:34.700 --> 00:02:39.000 accelerate the growth of HBO Max Warner Brothers CEO Jason 00:02:39.000 --> 00:02:42.800 kilar told deadline that one of the two main economic drivers 00:02:42.800 --> 00:02:47.400 of the decision was quote more subscribers coming into HBO Max 00:02:47.400 --> 00:02:48.300 who choose to do. 00:02:48.300 --> 00:02:52.500 So because of the presence of these films keilar went on to define 00:02:52.500 --> 00:02:57.000 success in interesting ways using the Disney plus debut of Hamilton 00:02:57.000 --> 00:03:00.400 as an example keilar said it did quite well. 00:03:00.400 --> 00:03:04.700 How did he measured that success Hamilton quote Drew quite 00:03:04.700 --> 00:03:07.900 a number of subscriptions for Disney plus according to Kyler. 00:03:07.900 --> 00:03:10.600 So whatever the financial profit and loss on these phones 00:03:10.600 --> 00:03:12.400 is it's clear that warnermedia. 00:03:12.400 --> 00:03:16.400 He's a prophet and a streaming for strategy AMC Theater. 00:03:16.500 --> 00:03:21.000 Boss Adam Aaron seems to think that HBO Mac is D primary 00:03:21.000 --> 00:03:25.400 driver and Warner's decision quote clearly or intermediate 00:03:25.400 --> 00:03:29.100 intensive sacrifice a considerable portion of the profitability 00:03:29.100 --> 00:03:33.500 of its movie studio division that Aaron Aaron made it clear 00:03:33.500 --> 00:03:38.300 that AMC the biggest theater chain in the country was not interested 00:03:38.300 --> 00:03:43.400 in in his own words subsidizing the start-up of HBO Max quote 00:03:43.400 --> 00:03:47.700 for AMC. We will do all in our power to ensure that one or 00:03:47.700 --> 00:03:49.500 does not do so at our expense. 00:03:49.500 --> 00:03:53.000 We will aggressively pursue economic terms stop cuz they're 00:03:53.000 --> 00:03:53.900 of our business. 00:03:53.900 --> 00:03:58.800 Like I said 2021 is shaping up to be very interesting. 00:03:58.800 --> 00:04:00.900 I'm Amanda and Duca for deadline now.