If streaming becomes the norm, budgets are going down. You can justify spending 300 million on a movie that might make 2 billion in its theatrical run. But once your stream of income stops being “tickets sold” and starts being “subscriptions not cancelled”, the incentive is minimized.

Them budgets about to go DOWNNNN

:(

holy s***

HBO max won

streaming sucks ngl

But once your stream of income stops being “tickets sold” and starts being “subscriptions not cancelled”, the incentive is minimized.

Damn wait a min

Indie film lovers bout to eat good when that s*** skyrockets up. But also remember these streaming services are offering these production companies big figure checks to distribute their movie

WHAT THE F***

Theaters weren’t consulted before WB announced this

Universal pt. 2 SOON

Theaters shrinking a lot a bit

Theaters already struggled when they did have the exclusivity factor. You look at their numbers before the pandemic. AMC’s net income was $110 million, Cinemark’s $220 million, Regal $170 million. Netflix has a net income of $1.86 billion.

The war between theaters and streamers has officially started, and theaters are strapped for cash and not able to function properly. By the time life returns to normal, theaters are going to be reduced by huge numbers (more than cut in half) and theatrical releases will basically only be big budget movies. You’re not gonna have theaters in smaller cities, and the midsized cities won’t have multiple theaters anymore.

i’m hyped for in the heights

At the end of the day, the worst case scenario of the big studios throwing s*** at the wall to see what sticks will always be there, just in the form of streaming rather than theaters

Sources say these discussions were kept close to the vest and not shared with many exhibitors. Warner Bros. will likely have to agree to far more generous terms with theater owners to avoid them boycotting their films. Insiders say the Wonder Woman 1984 split of ticket sales is far better for exhibitors than normal. Sources also say the studio did not inform partners such as Legendary, which has Dune and Godzilla vs. Kong, that their films were included in this plan.

Yikes

Usually yeah, since AT&T owns HBO and WB, idk how exactly this deal worked out. Presumably different than a normal purchase deal.

But yeah, let’s look at that. Streamers buy movies from studios. What is an acceptable amount for a streamer to pay? Netflix has 73 million subscribers in America alone. How much higher can they really go, and how much makes sense to spend to get them higher?

I think we’ll find that streamers become less interested in buying huge titles once they reach a threshold that they maybe can’t climb much higher than.

Time to reinvent movie theaters

Make each seat a pod with walls on both sides like photo booths/arcade games

They shut down ololo tho

Streamers are becoming the production companies as well. Streamers like Netflix pay huge $ to buy movies and also produce their own because they are paying for the library and catalogue that will keep customers there for longer instead of on other streaming sites. I don't think budgets will go down yet but they will eventually when the streaming wars end and a new normal is estabalished

I think it’s interesting that Prime hasn’t really taken over tbh. Like, Bezos could easily go in and just murder the game. Pump out a s*** ton of content. But they kinda just exist

Didn’t they say the Snyder Cut was coming May 2021?

I think it’s because Prime is a mix between Vudu and Netflix. They haven’t really committed to a side. You can buy movies there and also stream for free the content they have rights to. To me Prime always been a service that’s on the fence.

WarnerMedia CEO said in a few months so I’m expecting around March