It's Over.....WB to send their entire 2021 movie slate to HBO Max same day as theaters

TheGodling

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Legendary Challenge WarnerMedia Over ‘Dune’ & Godzilla Vs. Kong?’ – Deadline

Great piece from Deadline about the consequences for co-financers as well as talent who would get paid with a percentage of the box office (the latter also consistently rumored to be the reason Nolan forced Tenet's theatrical release).

In this case Legendary Pictures seems to be the one with the most grounds to be royally pissed at WB.

I’m hearing that Legendary Entertainment either has or will send legal letters to Warner Bros as soon as today, challenging the decision to put the Denis Villenueve-directed Dune into the HBO Max deal, and maybe Godzilla Vs Kong as well. On the latter, Legendary reportedly had Netflix ready to pull the film from Warner Bros for around $250 million, before WarnerMedia blocked it. Sources said Legendary had half an hour’s notice before last week’s announcement that both Dune and Godzilla Vs. Kong were part of the HBO Max plan.

Legendary certainly seems to have the right to challenge WarnerMedia on its decision: Legendary and its partners provided 75% of the $165 million or so net budget of Dune, the Denis Villenueve-directed adaptation of the Frank Herbert novel that was envisioned to be the first of multiple films exploiting the six-novel series. It put up a similar amount of the funding on the Godzilla Vs. King film.

And reportedly people involved all feel that this plan was entirely made as a means to push HBO Max at the expense of everything else since it's a full year plan with no opt outs for a change in strategy if the theatrical game would become viable earlier with the increasing likelihood of a vaccine roll-out.
 

Json

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Legendary Challenge WarnerMedia Over ‘Dune’ & Godzilla Vs. Kong?’ – Deadline

Great piece from Deadline about the consequences for co-financers as well as talent who would get paid with a percentage of the box office (the latter also consistently rumored to be the reason Nolan forced Tenet's theatrical release).

In this case Legendary Pictures seems to be the one with the most grounds to be royally pissed at WB.

I’m hearing that Legendary Entertainment either has or will send legal letters to Warner Bros as soon as today, challenging the decision to put the Denis Villenueve-directed Dune into the HBO Max deal, and maybe Godzilla Vs Kong as well. On the latter, Legendary reportedly had Netflix ready to pull the film from Warner Bros for around $250 million, before WarnerMedia blocked it. Sources said Legendary had half an hour’s notice before last week’s announcement that both Dune and Godzilla Vs. Kong were part of the HBO Max plan.

Legendary certainly seems to have the right to challenge WarnerMedia on its decision: Legendary and its partners provided 75% of the $165 million or so net budget of Dune, the Denis Villenueve-directed adaptation of the Frank Herbert novel that was envisioned to be the first of multiple films exploiting the six-novel series. It put up a similar amount of the funding on the Godzilla Vs. King film.

And reportedly people involved all feel that this plan was entirely made as a means to push HBO Max at the expense of everything else since it's a full year plan with no opt outs for a change in strategy if the theatrical game would become viable earlier with the increasing likelihood of a vaccine roll-out.
Call me Negrodamus!!

I told y’all those who help finance these pictures ain’t ponying up cash for HBOmax.

If WB 100% owned the films that would be a different story
 

BillBanneker

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Legendary Challenge WarnerMedia Over ‘Dune’ & Godzilla Vs. Kong?’ – Deadline

Great piece from Deadline about the consequences for co-financers as well as talent who would get paid with a percentage of the box office (the latter also consistently rumored to be the reason Nolan forced Tenet's theatrical release).

In this case Legendary Pictures seems to be the one with the most grounds to be royally pissed at WB.

I’m hearing that Legendary Entertainment either has or will send legal letters to Warner Bros as soon as today, challenging the decision to put the Denis Villenueve-directed Dune into the HBO Max deal, and maybe Godzilla Vs Kong as well. On the latter, Legendary reportedly had Netflix ready to pull the film from Warner Bros for around $250 million, before WarnerMedia blocked it. Sources said Legendary had half an hour’s notice before last week’s announcement that both Dune and Godzilla Vs. Kong were part of the HBO Max plan.

Legendary certainly seems to have the right to challenge WarnerMedia on its decision: Legendary and its partners provided 75% of the $165 million or so net budget of Dune, the Denis Villenueve-directed adaptation of the Frank Herbert novel that was envisioned to be the first of multiple films exploiting the six-novel series. It put up a similar amount of the funding on the Godzilla Vs. King film.

And reportedly people involved all feel that this plan was entirely made as a means to push HBO Max at the expense of everything else since it's a full year plan with no opt outs for a change in strategy if the theatrical game would become viable earlier with the increasing likelihood of a vaccine roll-out.


Intresting that AT&T didn't work this out with the production companies before-hand, or even if they could considering they might not be contractually be able to release on streaming this early. But technically these films are releasing in theaters as well, could that be the loophole for AT&T? I just can't imagine the warner/at&t suits not accounting for this.
 

downtheline

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wouldnt be a bad move if they didnt give everybody free subscriptions.. LOL
its free with comcast, optimum.. any service where you pay for HBO

That's a great idea
If you have an HBO Max account, you should be able to gift a free subscription for a year. That would be the move to do, especially during the holidays.
 

gluvnast

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Call me Negrodamus!!

I told y’all those who help finance these pictures ain’t ponying up cash for HBOmax.

If WB 100% owned the films that would be a different story

Legendary only own the majority of the PRODUCTION costs....not DISTRIBUTION.

So, it is a different story. Warner Media can release the films however and whenever they want. Legendary pictures are acting like bytches because they didn't get a heads up but seriously what is a BETTER option? Shelve the movies INDEFINITELY and they make NO MONEY at all? They of all people need to be reminded there's a pandemic out there. Ain't anybody trying to be out to the theaters and that's only IF they're open. Someone up there needs to be reminded quickly never to bite the hand that feeds them.
 

Return of the Jedi

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This a dedicated media room but room is fairly small, about 13’x15’x9’ high with a 6’x6’ notch where a wet bar would normally go (didn’t option for it in the build). It’s comfortable for 4 but will fit 6 in a pinch if I use my riser seats behind the couch. Just my wife and I, so this is perfect for us. This set up was done cheep as the furniture and a majority of the stereo equipment I owned already. I’m only in it for the projector, the screen, the rug, the posters and paint and installed it all myself.
Here’s a 3D scan to give an idea of the setup.
Canvas Viewer - Dec 4, 2020 at 1:40:35 PM
D3611-A4-C-7-BCA-45-E7-8-BC5-3482-AD7-D8-F7-E.jpg
This is badass my dude. You should post this to the Entertainment Setup thread.
 

Return of the Jedi

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Netflix doesn't have a market cap bigger than Disney.

Disney is $279 billion Netflix is $220 billion. Both are about at 52 week highs. When it comes to future prospects I would expect in 10 years Disney will be worth far more than Netflix. Disney even now in a pandemic that has depressed them has positive free cash flow. Netflix burns billions a quarter and is probably gonna reach saturation much sooner soon when it comes to subs than Disney.

If I could own one of those 2 companies today outright I'm taking Disney without question.
Disney as a share of my portfolio is small but has been one of my best performers.

vbWC9Sm.jpg
 
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