Cinema chains in the US are reportedly considering cutting the ticket price to watch Warner Bros movies, in a retaliatory strike.
The ongoing unhappiness from cinema chains in the US towards Warner Bros continues. It sprung up following the studio’s announcement that its entire 2021 slate of movies will be heading to its HBO Max streaming platform in America, on the same day they land in cinemas.
CHRISTMAS FILM MAGAZINE GIFT SUBSCRIPTIONS!
Film Stories magazine here.
3 for £4.99 trial offer here.
Film Stories Junior magazine (for under 15s) here.
Try a sample issue of Film Stories for less than half price here.
Lots of directors of the films affected have loudly expressed their displeasure, and multiplex cinema chains – reliant on big blockbuster movies – aren’t pleased either.
According to a piece over at The Hollywood Reporter, both the AMC and Cinemark chains in the US have already suggested that they won’t be carrying all of Warner Bros’ movies anymore, instead choosing which ones to take on ‘a title-by-title basis’.
Furthermore, it’s also being suggested that some exhibitors will be slashing the ticket price for Warner Bros movies at the box office. That the price of a ticket may come down as low as $3. Given that the studio would expect to take around 75% of the film’s first week ticket sales (before sliding over time more in favour of exhibitors), that would blast a further hole in Warner Bros’ finances. For cinemas, at least they’d have a chance of recouping revenue through the concessions stand.
This one’s set to run and run, and what impact a vaccine has on the exhibition business remains to be seen.
We’ll keep you posted as we hear more.
Thank you for visiting! If you’d like to support our attempts to make a non-clickbaity movie website:
Follow Film Stories on Twitter here, and on Facebook here.
Buy our Film Stories and Film Stories Junior print magazines here.
Become a Patron here.
- Warner Bros reportedly considering delays to Beetlejuice 2 and other films
Warner Bros is said to be examining its 2024 slate - which includes Beetlejuice 2 - and considering delays as the actors' strike continues.
A ray of hope appeared yesterday that perhaps the actors' strike might be coming to an end sooner rather than later. After a contentious couple of weeks in which negotiations broke down [...]
- Warner Bros Discovery predicts strikes will cause $300-500m losses
Warner Bros Discovery once said ongoing strikes saved it $100m - but now it's done a bit of an about turn there.
Warner Bros Discovery has an investors conference happening later today, during which the company's financials will of course come under close scrutiny. As such, WBD has elected to try and head off any particularly [...]
- Warner Bros CEO says studio has underused Harry Potter, DC, Lord Of The Rings
David Zaslav states that Harry Potter, Lord Of The Rings and even DC superheroes haven't been used enough.
Warner Bros CEO David Zaslav has been talking about the future of the studio at the Goldman Sachs Communacopia and Technology Conference, once again outlining his vision for the future of the company. Unsurprisingly, it seems to be [...]
- UK’s Leavesden studio lot will become a DC Studios hub by 2027
James Gunn and Peter Safran are getting ready to make the Leavesden studio lot in the UK DC’s main production home.
- Tom Cruise signs deal with Warner Bros
Mission: Impossible star Tom Cruise joins forces with Warner Bros in a partnership that will see him develop big budget films for the studio.
Tom Cruise already has projects underway with Paramount and Universal, but you can now add Warner Bros to the list of studios that have cemented a working relationship with the Top [...]