Though COVID caps the upside of theatrical box office at the moment, WB was already sacrificing short-term revenue throughout 2021 with this strategy. WB will also split a portion of the revenue generated from new HBO Max fees with cast and crews. Per the outlet, the studio has adjusted terms of its deal with partners to guarantee payment and to increase the odds of performance-based bonuses. This weekend, Bloomberg reported that box office bonuses are being completely restructured to ensure talent compensation for WB movies.

Kong while Denis Villeneuve’s Dunemay revert back to an exclusive theatrical release. was nearing a nine-figure deal (likely in excess of $225 million) with Legendary over the hybrid release of Godzilla vs. On Friday, THR reported that Warner Bros.

Now, after drawn out negotiations, WarnerMedia will pay a bundle of money to profit participants in order to get this HBO Max strategy off the ground. It should come as no surprise that this was the sticking point for the rest of the industry as well. Directly after the announcement in December, we questioned how this would impact talent compensation.

Warner bros movies 2021