WarnerMedia

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
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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
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Sunday AM Update: Refresh for more analysis and chart We’ll have to wait and see what success WarnerMedia drums up in regards to Wonder Woman 1984‘s outcome on HBO Max, but from a box office perspective over Christmas with 60% of the 5,8K theater domestic market closed due to COVID, it posted better 3-day numbers than
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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
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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
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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
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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
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Cineworld Group, owner of Regal Cinemas in the U.S. and the world’s second largest exhibitor, has reacted to Warner Bros’ bombshell announcement on Thursday that its entire 2021 film slate will debut on HBO Max day-and-date with cinemas domestically. In a statement, Cineworld CEO Mooky Greidinger said the company believes that wen cinemas make a
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“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
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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?” “We don’t have great visibility on that,” Stankey said, speaking on a conference call after the telco, cable and media entertainment giant reported third-quarter
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It’s a big weekend 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
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Ellen DeGeneresreportedly wants to quit to ‘recover her personal brand’. (Anthony Harvey/Getty) Ellen Degeneres reportedly wants to quit The Ellen DeGeneres Show to “recover her personal brand” amid claims the set is rife with racism, fear and intimidation. WarnerMedia has launched an investigation into the working environment on The Ellen DeGeneres Show following claims that the
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