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description: Warner Bros&#x27; entire 2021 movie lineup will release on HBO Max and in theaters at the same time. The strategy could doom movie theaters.
title: Warner Bros&#x27; 2021 Movies Heading to HBOMax: Why It Matters
image: https://static.time.com/v3/assets/bltea6093859af6183b/bltb39775b1fa448004/698a052c8fd2eedc40360589/gal-gadot-wonder-woman-1984-scaled-2560.jpeg?branch=production&amp;width=3840&amp;quality=75&amp;auto=webp&amp;crop=16:9
---

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# Warner Bros. Will Release Its Films on HBO Max and in Theaters Simultaneously. The Decision May Change Moviegoing Forever


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[Eliana Dockterman](/author/eliana-dockterman/)


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## Eliana Dockterman


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Correspondent

Updated: Dec 12, 2023 4:35 PM CUTPublished: Dec 3, 2020 10:35 PM CUT

![Gal Gadot Wonder Woman 1984](https://static.time.com/v3/assets/bltea6093859af6183b/bltb39775b1fa448004/698a052c8fd2eedc40360589/gal-gadot-wonder-woman-1984-scaled-2560.jpeg?branch=production&width=3840&quality=75&auto=webp&crop=3:2)

Gal Gadot as Diana in Wonder Woman 1984

Gal Gadot as Diana in Wonder Woman 1984Clay Enos—Warner Bros. & DC Comics

![Eliana Dockterman](https://static.time.com/v3/assets/bltea6093859af6183b/blt562ce4d8c2d99f2f/69893e0822fb85100ce270af/e_docterman-resize.jpg?branch=production&width=3840&quality=75&auto=webp&crop=1:1)

by 

[Eliana Dockterman](/author/eliana-dockterman/)


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## Eliana Dockterman


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Updated: Dec 12, 2023 4:35 PM CUTPublished: Dec 3, 2020 10:35 PM CUT

Warner Media and HBO Max might have just rung the death knell of the moviegoing experience. Warner Bros. announced on Thursday that it plans to release all 17 of its films planned for 2021 on HBO Max and in theaters simultaneously, including major would-be blockbusters like _Matrix 4_, _In the Heights_ and _The Suicide Squad_. Warner Bros. had previously said it would release this year’s _Wonder Woman 1984_, arguably their most anticipated movie of 2020, simultaneously on streaming and in theaters on Dec. 25.

Movie theater stocks [plummeted](https://variety.com/2020/film/news/theater-stocks-warner-bros-hbo-max-matrix-4-dune-1234845702/ "undefined") following the announcement, and with good reason. Motivating people to venture out to the cinema, even [once there is a vaccine](https://time.com/5913372/covid-19-vaccines-guide/ "undefined") next year, will become a much harder sell when they can stream the same content from their couches. Though Warner Media has said the simultaneous release experiment, a response to the COVID-19 pandemic, will last just one year, cinephiles worry that if audiences get used to seeing expensive, top-tier movies at home, they may give up on the cinematic experience entirely. Major theater chain AMC is aggressively pushing back against Warner Bros.’ plan.

Here’s everything you need to know about how this decision could impact the future of movies.

## Here’s how it will work

![Timothee Chalamet Dune](https://static.time.com/v3/assets/bltea6093859af6183b/bltcf08c79d951b7d50/698a12d7b21a9c78c3504163/dune.jpg?branch=production&width=1200&quality=75&auto=webp)

Timothée Chalamet in Warner Bros.' now delayed sci-fi epic 'Dune' Warner Bros.

In the new system, Warner Bros. will release a movie—say, _Dune_—in theaters and on HBO Max at the same time, forgoing the traditional 74-day theatrical window (the time before a theatrically released movie can release on VOD). HBO Max subscribers will be able to access the movie for one month while non-subscribers will have to trek to the theater to see it. Then the movie will disappear from HBO Max for a time agreed-upon by Warner Bros. and the movie theaters showing the film.

For moviegoers, the choice is simple: either find a babysitter, leave the house, travel to the theater, pay for parking, pay for tickets, and pay for snacks—or just watch that same movie from your couch. There will always be those who cherish the communal experience of the darkened theater. But they may become outnumbered by those choosing the less strenuous and less expensive option.

> [](https://twitter.com/mike%5Fhogan/status/1334583725527621638)


**Read More:** [_Which HBO Max Original to Watch and Which to Skip_](https://time.com/5841541/hbo-max-originals-what-to-watch/ "undefined")

## **Here are the movies that will drop on HBO Max and in theaters at the same time**

![The Matrix](https://static.time.com/v3/assets/bltea6093859af6183b/blt8b2d1da60b60b20b/6988b3d5cd1bba057070376f/matrix-facebook.jpg?branch=production&width=3840&quality=75&auto=webp)

Warner Bros.

Warner Bros. has plenty of franchise fare that will now head straight to HBO Max, including _Wonder Woman 1984_ this December, then _The Suicide Squad_, _The Matrix 4_, _Godzilla vs. Kong_, _Mortal Kombat_, _The Conjuring: The Devil Made Me Do It_ and the first _Dune_ movie next year. These are all movies that were filmed with the big screen (or even IMAX) experience in mind.

Other offerings will include the sorts of movie stars that rarely make appearances on TV or VOD films, like Will Smith, Denzel Washington and Angelina Jolie.


That prestige-y lineup includes an adaptation of Lin Manuel Miranda’s _In the Heights_ musical, Lebron James’ _Space Jam_ sequel, a biopic of Venus and Serena Williams’ father Richard Williams starring Will Smith, the Angelina Jolie movie _Those Who Wish Me Dead_, a thriller called _The Little Things_ starring Denzel Washington, a Daniel Kaluuya-Lakeith Stanfield awards hopeful called _Judas and the Black_ _Messiah_, a Hugh Jackman movie from _Westworld_ creator Lisa Joy called _Reminiscence_, the _Sopranos_ prequel _The Many Saints of Newark_ and a Clint Eastwood film titled _Cry Macho_.

## What this means for the future of movies

![160629_GAL_SummerBlockbusters_DarkKnight](https://static.time.com/v3/assets/bltea6093859af6183b/bltb12512db1461f022/69889a19bc6cfc12563dd9e3/160629_gal_summerblockbusters_darkknight.jpg?branch=production&width=3840&quality=75&auto=webp)

In this image released by Warner Bros., Heath Ledger starring as The Joker, is shown in a scene from "The Dark Knight." Stephen Vaughan/Warner Bros.—AP/moviestillsdb.com

For a long time there has been a divide between the movies released directly to VOD and those released in movie theaters. Fairly or not, studio executives, critics and even audiences granted a certain cache to a movie like _Avengers_ _: Endgame_ because it was a buzzy theatrical debut. However successful a Netflix superhero movie like _The Old Guard_ might be, it never achieved the same stature as a Marvel Cinematic Universe movie. At the very least, theatrically released movies often got bigger budgets and bigger stars.


That divide between streaming and theatrical has been collapsing in recent years. _Game of Thrones_ set a new bar for cinematic television. Now, an episode of _The Mandalorian_ looks nearly as good as _The Rise of Skywalker_ (though practically speaking, _The_ _Rise of Skywalker_ reportedly cost more than double what the first season of the _Mandalorian_ did). COVID-19 has only accelerated that process. In early August, Disney [moved _Mulan_‘s Labor Day release](https://time.com/5876062/mulan-30-disney-plus-impact/ "undefined") to Disney+ (for a premium price), and later followed suit with Pixar’s _Soul._ A few weeks later, Warner Bros.’ _Tenet_, long hailed as the savior of the 2020 moviegoing experience (and from [the foremost champion of the theatrical experience](https://time.com/3822892/christopher-nolan-2015-time-100/ "undefined"), no less), faltered at the box office, and more studios began to drop properties on streaming rather than release the films in theaters where few people would pay to see them during the pandemic.

Oscar hopeful’s like Aaron Sorkin’s _Trial of the Chicago 7_ cut deals with Netflix in order to get their movies in front of audiences. Universal Studios [struck a deal](https://www.usatoday.com/story/entertainment/movies/2020/11/16/universal-and-cinemark-agree-shorten-theatrical-window/6321116002/#:~:text=Universal%20Pictures%20has%20struck%20another,new%20business%20realities%20of%20moviegoing. "undefined") with movie theaters to narrow the theatrical window from as much as three months to as little as 17 days. It’s difficult not to see many of these decisions, including Warner Media’s decision to release its movies straight to VOD in 2021, as a reaction to the disappointing _Tenet_ numbers.


It’s hard to imagine cinematic experiences like _Tenet_ or _The Dark Knight_ succeeding in this model. Christopher Nolan’s movies—and the generation of superhero movies that mimic his style—thrive on the overwhelming power of IMAX visuals, loud sounds and audience reactions. Indeed, it’s difficult to imagine a movie like _Dark Knight_ or even a more recent superhero flick like _Avengers: Endgame_ becoming the [phenomena](https://time.com/5523398/highest-grossing-marvel-movies/ "undefined") they were if people tuned in haphazardly at home, checking their emails during crucial scenes explaining the plot’s setup. A theatrical release not only forces people to pay attention to a movie all at once, but allows those audience members to experience the twists and turns and tension together. Those films lose much of their power when watched on a phone in bed.

> [](https://twitter.com/MattBelloni/status/1334568630244188160)


Many media journalists have [speculated](https://www.wsj.com/articles/at-netflix-who-wins-when-its-hollywood-vs-the-algorithm-1541826015 "undefined") that Netflix’s algorithm for choosing movies was built specifically with a distractible home audience in mind. It’s possible that directors who have resisted VOD content will have to do the same—or that studios will simply prioritize and fund movies that fit better with home viewing. Netflix’s massive success has allowed it diversify its films and pursue Oscar gold: and they now spend significant sums on prestige fare like _The Irishman_ hoping that those movies will win awards and raise their profile. Studios may be reluctant to do the same without the promise of big box office payouts, at least while they’re still playing catch-up with Netflix in the race to gain customers.

Still, for those who want to see more than just big tentpole films, a pivot to a streaming-first strategy could be good news. In recent years, adult dramas (think: _The Pelican Brief_), rom-coms (which haven’t hit in theaters since _Bridesmaids_) and other mid-budget films have largely disappeared from theaters. Instead, studios funnel their resources overwhelmingly toward massive tentpole movies or low-budget horror films. As movie theater attendance has waned, studios have relied increasingly heavily on superhero movies to bring people to theaters, at the expense of other genres. A streaming-first strategy might encourage studios to diversify.


> [](https://twitter.com/eisentower30/status/1334587544961486852)

**Read More:** [_Here’s What We Learned From the Summer Movie Season That Never Was_](https://time.com/5869038/tenet-movie-theaters-reopening/ "undefined")

## What this means for moviegoers

![ITH_062419_0710.dng](https://static.time.com/v3/assets/bltea6093859af6183b/bltce9955003c0acae1/698a0eac09208f0f40416cae/in-the-heights-movie.jpg?branch=production&width=1440&quality=75&auto=webp)

Anthony Ramos and Melissa Barrera in In the Heights Macall Polay— Warner Bros. Entertainment Inc.

Seeing new movies is going to be more convenient than ever. Simply open the app and click.

There are some caveats. Only American audiences will get access to movies on streaming immediately. It’s unclear if or when the service will be available elsewhere. Plus, right now, HBO Max is not available on Roku, one of the most popular devices for streaming. But the two companies are reportedly [nearing a deal](https://deadline.com/2020/11/roku-stock-rises-hbo-max-deal-whispers-john-malone-streaming-1234618908/ "undefined") that would allow Roku users to watch _Wonder Woman 1984_ and other movies.


> [](https://twitter.com/HertzBarry/status/1334194932513452036)

And with convenience will come costs: in the most literal sense, people will have to subscribe to more streaming services in order to keep up with all the latest movies. Say you pay for a Netflix account, Apple TV+ account, Amazon Prime account, HBO Max Account and Disney+ account to keep up with all the latest movies—you’re already spending about $50 a month on content. That’s already a hefty sum, but probably still a solid deal for people who watch plenty of the offerings on those channels and spend equally as much going to the movie theater per month. But there’s no guarantee that prices will remain this low, especially if movie theater chains begin to close and audiences have no other option but to watch a movie on streaming.


The collective theatergoing experience is also vital to movies—that moment when someone jumps out of the shadows and the audience screams; when the protagonist cracks a joke and infectious laughter overtakes the crowd; when a final confrontation between good and evil earns cheers from the crowd. There’s an energy to those moments that’s impossible to replicate at home.

## What this means for the future of movie theaters

![Re-opening Continues Across Densely Populated New York And New Jersey Areas](https://static.time.com/v3/assets/bltea6093859af6183b/blt29474fb1e3605948/698a14d9b3fce3604a0c7719/amc-movie-theater-closed.jpg?branch=production&width=3840&quality=75&auto=webp)

People walk outside the newly boarded AMC 34th Street 14 movie theater Noam Galai—Getty Images

For Warner Media’s plan to work, movie theater chains will have to agree to play Warner Bros. movies in theaters while those films simultaneously stream on HBO Max. That looks unlikely to happen—at least without a fight. Late on Thursday, Adam Aron, the CEO of AMC, came out with a strong statement opposing the plan. Aron noted that AMC had agreed to play _Wonder Woman 1984_ in theaters on the same day it hit streaming because of the extraordinary circumstances of the pandemic. “Warner now hopes to do this for all their 2021 theatrical movies, despite the likelihood that with vaccines right around the corner the theatre business is expected to recover,” Aron [told](https://variety.com/2020/film/news/amc-warner-bros-hbo-max-1234845908/ "undefined") _Variety_.


“Clearly, Warner Media intends to sacrifice a considerable portion of the profitability of its movie studio division, and that of its production partners and filmmakers, to subsidize its HBO Max start up,” he added. “As for AMC, we will do all in our power to ensure that Warner does not do so at our expense. We will aggressively pursue economic terms that preserve our business. We have already commenced an immediate and urgent dialogue with the leadership of Warner on this subject.”

AMC is the largest theater chain in the U.S. Cinemark—which owns Regal, the second largest chain in the country—said it did not yet have enough information to make any decisions. “We are making near-term booking decisions on a film-by-film basis,” the company said in a statement. “At this time, Warner Bros. has not provided any details for the hybrid distribution model of their 2021 films.”

It’s unclear how much leverage movie theaters will have against major studios. Studios and theaters have long agreed on theatrical windows, the time a movie plays in a theater before it’s released to home video, DVD or, now, streaming. In the past, those windows served everybody: studios made more money from movie ticket sales than they did from, say, VHS sales. But during the pandemic, few movie theaters are even open, and those that are remain largely empty. Many studios have cut their losses by releasing movies straight to VOD, and it’s unclear how much money studios are making from VOD streams and how those profits compare to a theatrical release (more on that later).


AMC, Regal and other major movie theaters chains are left in a bind. Fewer people are going to go to theaters if the movies available at theaters are also available at home. Higher-quality piracy ripped from streaming releases will be another thorn in their side. But theaters can’t easily boycott a movie like _Wonder Woman 1984_, potentially their biggest draw of the year.

> [](https://twitter.com/chaneyj/status/1334588218243768321)

**Read** **More:** [_Dune, No Time to Die and Black Widow Are All Delayed. What Does That Mean for the Future of Movies?_](https://time.com/5896565/dune-black-widow-movies-delayed-until-2021/ "undefined")

## What this means for the streaming services

![Chris Pine Wonder Woman 1984](https://static.time.com/v3/assets/bltea6093859af6183b/bltb58695d57fc6b971/698a052bb21a9c495c50299a/chris-pine-steve-trevor-wonder-woman-1984-scaled-2560.jpeg?branch=production&width=3840&quality=75&auto=webp)

Clay Enos—Warner Bros. & DC Comics


It’s easy to determine whether a movie released in theaters is a hit or a bomb based on its box office—the original _Wonder Woman_ movie grossed $821.8 million, and there’s every reason to believe the sequel would perform just as well or better in a normal year. But the details of how movies fare on streaming services are more hazy. HBO Max, Netflix, Disney+ and others largely self-report those numbers, and they don’t necessarily differentiate between the viewer who watched a few minutes of a movie before switching to something else from the person who actually watched the movie.

> [](https://twitter.com/ericdharvey/status/1334570078726131712)

Subscriber numbers also seem to ebb and flow depending on what’s available on a service. Disney+ subscriptions reportedly [dropped](https://screenrant.com/mandalorian-subscribers-canceling-disney-plus/ "undefined") after the first season of _The Mandalorian_ wrapped last year. If HBO Max premieres _Wonder Woman 1984_ on their service, it’s possible that millions of new people will sign up for HBO Max just to see that movie and then cancel their subscription by the end of the month only to re-up again when another major release piques their interest.


Still, this strategy will give HBO Max an upper hand in the streaming wars, which they are currently losing: HBO Max reported it has 57 million subscribers in October, compared to Disney’s 73 million and Netflix’s 195.2 million. Other studios with streaming services, like Paramount (which owns CBS All Access) will be pressured to beef up their streaming offerings. Those studios without an obvious streaming outlet like Sony will want to cut deals with streaming services. Whether Warner Bros. can overtake these other services in the next year will probably determine the future of the movie business.

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