THEATERS HAVE A 'NEW' COMPETITOR

 

IN MY OPINION:

WILLIAM REYNOLDS:

THEATERS HAVE A 'NEW' COMPETITOR 

HBO Max will stream movies like The Matrix 4, Dune and all new Warner Bros. movies set for theatrical release next year, making them available to watch at no added cost online the same day as their debuts on the big screen. Each film will be on HBO Max, which costs $15 a month, for one month, and then the movies will leave the streaming service so that they're exclusively in theaters. The unprecedented move comes three weeks before Wonder Woman 1984, a mega-budget Warner Bros. movie, is set to stream on Max the same day it debuts in theaters in the US. Warner Bros. is essentially morphing its Wonder Woman release strategy into its new normal for the coming year. HBO Max is owned by telecom giant AT&T, through its WarnerMedia entertainment unit, which also operates the Warner Bros. studio.