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04Dec

Financial Daily Dose 12.4.2020 | Top Story: WarnerMedia to Stream All 2021 Movies Upon Theatrical Release

In yet another blow to the suffering movie theater industry, Warner Bros. announced on Thursday that all of its 2021 release calendar—including “big-budget extravaganzas like ‘Dune’ and ‘The Matrix 4’”—will arrive “simultaneously in theaters and on the HBO Max streaming service in the United States.” The move, which Warner is calling a “unique one-year plan,” is the company’s means for addressing its assessment that U.S. moviegoing won’t recover until at least next fall....
By: Robins Kaplan LLP
Source Url: https://www.jdsupra.com/legalnews/financial-daily-dose-12-4-2020-top-24985/

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