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

Json

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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.
Respect is a two way street. Production companies get their money back through the box office returns.

If the distributor is by passing the box office you agreed to pay cost anticipating a return then you need to tell them how you plan to move forward.
 

jwinfield

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With “Wonder Woman 1984,” agents argued that Ms. Gadot, Ms. Jenkins and the producer Charles Roven (among others) needed to be paid what they most likely would have received had the sequel been released in a traditional manner (an exclusive run in theaters before arriving online) and not during the height of a pandemic. After all, that was what they signed up for, and Warner Bros. and HBO Max, its corporate sibling, wanted their help in promoting the film, did they not?

After a tense negotiation, Warner Bros., which is owned by AT&T, agreed that Ms. Gadot and Ms. Jenkins would each get more than $10 million, according to two people with knowledge of the deals, who spoke on the condition of anonymity to discuss private agreements.
The surprise move left agencies on a war footing. Representatives for major Warner Bros. stars like Denzel Washington, Margot Robbie, Will Smith, Keanu Reeves, Hugh Jackman and Angelina Jolie wanted to know why their clients had been treated in a lesser manner than Ms. Gadot.

They fukked up
 

Brandeezy

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They're mad because WB gave $10M to Gadot and the director on some sneak shyt, when the other stars have big movies that will be affected by this move as well.

I don't think it was sneak, The Witches cast and production team got paid extra too for their HBO Max release. I think WM were/are working out deals but salty reps got wind of the WW84 team's deal and decided to throw a fit publicly before deals could be done. I do think the announcement tho was premature but that seems like an corporate move from ATT
 

MarcP

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I think AT&T applied pressure and this is a last ditch effort to generate some income. They've already laid off hella people and more was coming so they said fukk it and did the movepass 9.99 firesale move to get the boss off their back. Problem is they executed their plan in the worst way possible by not informing their collaborators. So now instead of pleasing AT&T they've potentially got themselves into a litigation battle for no reason.
 

Sterling Archer

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Nothing will change. This is a total PR machine move by everyone. No matter what, it won’t change. They have no leverage or footing to stand on. The fact is theater companies may very well be bankrupt by the time any of these titles release. Any theatrical release will bomb. They won’t any backend money from a theatrical release. Complaining about WB taking a payout to release it on HBO because “it’ll hurt movie sales” is asinine. If it isn’t in HBO, there will be no movie sales. And since actors and directors are already paid regardless of the movie flops, distribution will ensure they make their numbers. Litigation will go nowhere. Backend incentives are not guaranteed contractually and as long as they get a theatre release, there’s likely no legal action to take given the circumstances.
 

pete clemenza

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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.
Not sure about Dune but Godzilla vs Kong had a $250 million dollar deal on the table with Netflix but WB, who only owns 25% of the movie, blocked it. No theathrical release but they would've been able to divvy up/split the ($250 million - $163 million) $87 million left over from the deal
 
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