Exhibition ruled the stock market today after a long holiday weekend saw Paramount’s A Quiet Place Part II crush it, earning $57 million over four days. That’s not far from the $60 million that the John Krasinski-directed sequel was anticipated to do in its 3-day opening pre-pandemic, according to my colleague Anthony D’Alessandro. Shares of Paramount
WarnerMedia
Third-party streaming ratings firm Samba TV reported Monday that 3.6 million households watched at least five minutes of Warner Bros/Legendary’s Godzilla vs. Kong on HBO Max in the pic’s first five days on the site from March 31-April 4. While HBO Max didn’t provide any official viewership figures on Godzilla vs. Kong, previous data from Samba
Refresh for chart and more analysis Even if there wasn’t a pandemic, odds are this would still be a hard weekend at the domestic box office, what with all the distraction that came out of our nation’s Capitol this past week. Television news seems to be filled with enough suspense and cliffhangers with the Capitol
John Stephens, the outgoing CFO of WarnerMedia parent AT&T, defended the company’s move to release its 2021 film slate concurrently on HBO Max and in theaters and cited Warner Bros. century-long relationship with Hollywood talent — with some disgruntled at the move and the way it was communicated. “We’ve got a long history of working
Sunday AM Final: We’ll have to wait and see what success WarnerMedia drums up in regards to Wonder Woman 1984‘s impact on HBO Max subscribers. But from a box office perspective over Christmas, with 60% of the 5,8K theater domestic market closed by COVID-19, the DC sequel posted a record result for the pandemic since theaters
WarnerMedia will be closing its Hong Kong theatrical office, with films from Warner Bros to be released by Universal Pictures in the market beginning January 1, Deadline has confirmed. Layoffs are expected in Hong Kong, though an exact number is not yet clear. A typically solid market, Hong Kong’s cinemas shuttered for the third time
Even though a combined 100 movie and TV series titles were announced today during Disney Investor Day, with 80% of them going to Disney+, let it be noted that the Burbank, CA studio didn’t burn down its 2021 theatrical release schedule, like WarnerMedia did last week, in order to keep the fire going on its
Can cinemas play day-and-date releases from Warner Bros after continually refusing to show Netflix films? The big circuits have to be feeling really stupid now: If they had only made a deal with Netflix last year on Martin Scorsese’s The Irishman at a 45-day window instead of emphatically rejecting one, perhaps this looming apocalypse brought on
The Independent Cinema Alliance, a volunteer alliance of independent cinemas operating in North America, has responded to WarnerMedia’s theatrical-HBO Max 2021 slate day and date release strategy and they’re not pleased. They’re calling on studio of Stanley Kubrick, Clint Eastwood and Harry Potter to recommit to theatrical exclusivity, for that is what drives value to movies, not
Christopher Nolan, who was doing consumer press interviews today for the DVD release of Tenet, was asked about that movie’s film studio, Warner Bros., and their recent radical windows plan to drop their entire 2021 slate both in theaters and on their struggling frosh streaming service HBO Max at the same time. It was a
WarnerMedia CEO Jason Kilar jumped on the phone today to talk more about the revolutionary theatrical-HBO Max window for the studio’s 2021 slate. That big decision comes strictly down to the pandemic, and the studio aiming to maximize their movies as revenue events on its new streaming service HBO Max, as well as helping those
Cineworld Group, owner of Regal Cinemas in the U.S. and the world’s second largest exhibitor, has reacted to Warner Bros’ bombshell Thursday announcement that its entire 2021 film slate will debut on HBO Max day-and-date with cinemas domestically. In a statement, Cineworld said the company believes that when cinemas make a comeback, Warners “will look
“There is no way to sugarcoat this for the theater operators,” said one Wall Streeter as exhibition stocks plunged Thursday on WarnerMedia’s bombshell – a reimaging of its entire 2021 release slate that hit an exhibition industry already teetering on the brink. Cinemark shares– up earlier in the session — lost nearly 22% of their
WarnerMedia didn’t have to wait until Wonder Woman 1984 debuted both on HBO Max and in theaters: The Burbank, CA-based studio is putting its entire 2021 theatrical slate on HBO Max for their respective first month of release, concurrent with a global cinema release. Following the one month HBO Max access period domestically, each film
John Stankey, CEO of WarnerMedia parent AT&T, said productions – with about 130 underway since last week – are up and running but “the question is, what does exhibition look like?” “That’s still one of the things we don’t have great visibility on,” Stankey said on an investor conference call after the telco, cable and
It’s a big Labor Day weekend for Ann Sarnoff at WarnerMedia. She recently celebrated her first year anniversary as the first woman to oversee Warner Bros in its 97-year history on August 22 (coincidentally on the same day as the studio’s DC FanDome day, which drew 22 million global visitors), and she heads into a
Stocks rose Friday morning, dipped, then rose again as the market continued a rocky ride, exhibitors struggled to hold on to gains and WarnerMedia parent AT&T scrapped a major stock repurchase plan to conserve cash. Investors are weighing a massive stimulus package being finalized by Congress against the rapid spread of the coronavirus infection, corporate