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"We see it as a win-win for film lovers and exhibitors." "With this unique one-year plan, we can support our partners in exhibition with a steady pipeline of world-class films, while also giving moviegoers who may not have access to theaters or aren't quite ready to go back to the movies the chance to see our amazing 2021 films," Sarnoff said. Sarnoff said the model is a temporary one, but the decision will reverberate across an industry that has taken away screening exclusivity from theaters and reshaped how studios function. will likely operate at reduced capacity throughout 2021." We know new content is the lifeblood of theatrical exhibition, but we have to balance this with the reality that most theaters in the U.S. "No one wants films back on the big screen more than we do. Pictures Group," said Ann Sarnoff, chair and CEO of WarnerMedia Studios and Networks Group, in a statement released on Thursday. "We're living in unprecedented times which call for creative solutions, including this new initiative for the Warner Bros. Kong," "Mortal Kombat," "The Suicide Squad" and "Matrix 4," will be available on the streaming platform exclusively for one month, starting when they are released in theaters and then will disappear from the platform.The move comes shortly after the company announced it would bring its expected blockbuster "Wonder Woman 1984" directly to HBO Max. The AT&T-owned studio's 17-film slate, including "Godzilla vs. will be streaming all its 2021 theatrical releases on HBO Max in a blow to already struggling theater chains as the pandemic continues to reshape Hollywood.
