How many studios will follow Warner’s direct-to-streaming strategy in 2021? ...Middle East

Economy by : (Quartz) -
WarnerMedia sent shockwaves through the film world yesterday when it announced all of its 2021 films will be simultaneously released in theaters and on HBO Max. That means subscribers to the streaming service will be able to watch potential blockbusters like Godzilla vs. Kong, Matrix 4, and Dune from the comfort and convenience of their couches on the same day those films debut in theaters.In a statement, WarnerMedia executives claimed the move will be a one-off decision for 2021, as it’s still unclear if or when theaters will be able to return to something resembling normal operation next year. But it unsurprisingly has consumers and observers speculating this portends the future of movies

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