Experts say streaming movie releases won't kill theaters – Knowligent
Experts say streaming movie releases won't kill theaters

Experts say streaming movie releases won't kill theaters

HomeHow to, TechExperts say streaming movie releases won't kill theaters

Movie giant Warner Bros. announced last week that it would release its 2021 films in theaters and on HBO Max. Experts say that while the announcement is a big deal for both the film and streaming industries, it won’t fundamentally change either sector.

The film studio said it would release a total of 17 films in 2021, both in theaters (where possible) and on HBO Max, where they will be available for a total of 30 days after their initial release.

“The Warner Bros. news is interesting because we’ve seen the one-off Mulan on Disney Plus and a few other series, but this is on a whole other level because we’re talking about a billion dollars worth of content,” Dan Rayburn, a digital media analyst at consulting firm Frost & Sullivan, told Lifewire over the phone.

Warner Bros. calls it a "consumer-focused distribution model" and a "hybrid plan" that will only last a year. Some of the films the studio will release on HBO Max include Space Jam: A New Legacy, The Suicide Squad, Tom & Jerry, Godzilla vs. Kong, Mortal Kombat and Matrix 4.