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Nope. This changes nothing, long term.
Studios know they need theatres as much as theatres need studios. This is a move to relieve ballooning interest payments on the $1.5B or so Warners has borrowed from their lines of credit to get these films made. Every month they wait to release all these movies, that's tens of millions of dollars in extra interest that could be avoided if they get those movies out in a more timely fashion.
Once things get back to "normal," there's no way the studios leave the hundreds of millions of dollars generated in movie theatre ticket sales each month on the proverbial table. Theatrical drives everything else.
by 2022 Streaming will be closer to 75% if that low. Theaters are going extinct in the next few years. {nm} Dec 03, 13:01
also, there can be derivatives on whether a film goes to streaming or not, and on its released streaming figures etc. {nm} Dec 03, 13:12
Turn off the lights Dec 03, 13:32
Nope. This changes nothing, long term. Dec 03, 15:15
and I think moviegoers are itching to go back to the theaters...a tiny screen isn't the future, it's a convenient option {nm} Dec 03, 15:29
