December 1st, 2020
The worst year for the movie theatrical industry in a century will end with a series of releases that might define the business for the next decade. Only three of the major studios are daring to release films in theaters during what is shaping up to be the height of the COVID-19 pandemic. Sony Pictures is going the traditional route with Monster Hunter getting an exclusive theatrical release on Christmas Day. Universal’s deals with AMC and Cinemark to allow shortened theatrical windows in return for sharing PVOD revenue have prompted it and its specialty division Focus Features to release four films this holiday season. But all eyes (or many of them, anyway) will be on Warner Bros.’ release of Wonder Woman 1984 simultaneously in theaters and on HBO Max.
When the studio announced this release strategy back on November 18 there was speculation that, if it worked out well, they might do the same thing with some of their other upcoming films. Today they threw caution to the wind and announced that all of the studio’s 2021 films will be released in theaters and on HBO Max at the same time (in territories where HBO Max is available). While we’re still digesting the news, here are three quick takes on the rationale for Warner Bros. to make this bold leap.
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December 1st, 2018
November turned out to be a really, really good month. I thought 2018’s lead over 2017 would shrink, potentially by $200 million to $300 million. However, the lead actually managed to grow a little bit, thanks to hits like Ralph Breaks the Internet, Dr. Seuss’ The Grinch, Fantastic Beasts: The Crimes of Grindelwald, and Bohemian Rhapsody. December has an equal number of potential hits, led by Mary Poppins Returns, which some think will top $300 million. Additionally, Spider-man Into the Spider-Verse, Aquaman, Bumblebee, and Holmes and Watson all have a realistic shot at $100 million or more. On the other hand, last December was stronger, at least on top. The Last Jedi earned more than $500 million just during December, which is more than any December release this year will earn in total. It could be more than the top two films earn in total. 2018 will win the in year-over-year competition; however, its lead won’t be as large as it is at the start of the month.
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Latest Ranking on All Technical Box Office Record Lists
Record | Rank | Amount |
Top Grossing Co-Producer at the Domestic Box Office (Rank 401-500) |
428 |
$116,601,172 |
Top Grossing Executive Producer at the Domestic Box Office |
36 |
$1,900,421,779 |
Top Grossing Producer at the Domestic Box Office (Rank 601-700) |
649 |
$229,024,295 |
Top Grossing Screenwriter at the Domestic Box Office (Rank 1,901-2,000) |
1,997 |
$46,801,036 |
Top Grossing Story Creator at the Domestic Box Office (Rank 101-200) |
128 |
$381,862,843 |
Top Grossing Co-Producer at the International Box Office (Rank 501-600) |
520 |
$102,934,320 |
Top Grossing Executive Producer at the International Box Office |
40 |
$2,920,920,714 |
Top Grossing Producer at the International Box Office (Rank 401-500) |
449 |
$426,920,914 |
Top Grossing Screenwriter at the International Box Office (Rank 1,201-1,300) |
1,247 |
$119,559,196 |
Top Grossing Story Creator at the International Box Office |
59 |
$916,347,091 |
Top Grossing Co-Producer at the Worldwide Box Office (Rank 401-500) |
471 |
$219,535,492 |
Top Grossing Executive Producer at the Worldwide Box Office |
34 |
$4,821,342,493 |
Top Grossing Producer at the Worldwide Box Office (Rank 501-600) |
513 |
$655,945,209 |
Top Grossing Screenwriter at the Worldwide Box Office (Rank 1,501-1,600) |
1,509 |
$166,360,232 |
Top Grossing Story Creator at the Worldwide Box Office |
75 |
$1,298,209,934 |