Warner Bros. Will Stream All 2021 Films; A Blow to the Movie Theater Industry

(Photo by Santi Visalli/Getty Images)

NEW YORK (AP) – In the most seismic shift by a Hollywood studio yet during the pandemic, Warner Bros. Pictures on Thursday announced that all of its 2021 film slate – including a new “Matrix” movie, “Godzilla vs. Kong” and the Lin-Manuel Miranda adaptation “In the Heights” – will stream on HBO Max at the same time the films play in theaters.

Warner Bros.’ decision resonates especially because the 117-year-old studio of “The Wizard of Oz” and “Casablanca” has long been a market-leader in Hollywood – and one known as especially supportive of theaters.

AMC vehemently disagreed with Warner Bros.’ strategy. Adam Aron, chief executive of the world’s largest chain, said AMC had gone along with the “Wonder Woman 1984” plans because of the virus surge. But he said AMC would oppose the same approach into 2021, when a vaccine could accelerate a recovery.

A spokesman for Plano-based Cinemark said: “In light of the current operating environment, we are making near-term booking decisions on a film-by-film basis. At this time, Warner Bros. has not provided any details for the hybrid distribution model of their 2021 films.”

(Copyright 2020 WBAP/KLIF 24/7 News. This report contains material from the WFAA-TV)

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