Christopher Nolan calls Warner's streaming plan ‘a mess’
Christopher Nolan, one of Warner Bros.’ most important filmmakers, has come out strongly against the company’s decision to debut its films on HBO Max and in theaters in 2021. The “Tenet” filmmaker told The Associated Press Monday that it’s not a good business decision and criticized how the company handled it. “I’ve never seen everybody so upset about one particular decision,” Nolan said. And it’s not a good business decision," Nolan said. With major markets like Los Angeles and New York closed, domestic ticket sales fizzled, and Warner Bros. and other studios responded by delaying the year’s remaining major films.
Testing new release strategy, 'The Croods' opens to $14.2M
This image released by DreamWorks shows a scene from the animated film "The Croods: A New Age." “The Croods: A New Age” is expected to shift to the home before Christmas for a $20 rental. “The Croods: A New Age” grossed $9.7 million Friday-Sunday, which rivals even the weekend start for “Tenet” in September. Most have tapped out around $4 million on opening weekend. One of the biggest differences is that Universal spent more heavily to market the $65 million “Croods” sequel from DreamWorks Animation.
Theater chains AMC and Cinemark take big third-quarter losses during Covid pandemic
When the third quarter began in July, movie theater auditoriums across the country were empty, shuttered by the coronavirus pandemic. Instead, three publicly traded movie theater chains reported more than $1 billion in losses in the third quarter, and there doesn't appear to be an immediate end in sight. Marcus Corporation, the fifth-largest movie theater owner — which also owns a number of hotels and restaurants — saw its revenue slip 84%. The movie theaters need a steady stream of movie releases, and hopes for that ended after the poor showing of "Tenet" at the domestic box office. The majority of AMC theaters are operating at between 40% and 50% capacity but seeing only 10% to 20% attendance.cnbc.com
‘Tenet’ to head to home release in Dec. after theatrical run
NEW YORK – After several months in pandemic-altered theaters, Christopher Nolan’s “Tenet” will head to home release on Dec. 15, Warner Bros. said Thursday. Contending with limited capacity regulations and theaters that remained closed in some states, the Warner Bros. release has so far grossed $53.8 million at the U.S. and Canadian box office. In its ninth week of release in the U.S., “Tenet” grossed $885,000 in 1,601 locations last weekend. But following the release of “Tenet," along with rising virus cases in the U.S. and Europe, other big-budget releases moved out of 2020. Warner Bros. didn’t announce on-demand or streaming plans for “Tenet.”More: Entertainment News
It’s finally time to head back to the theater. Don’t forget your popcorn!
The advertiser paid a fee to promote this sponsored article and may have influenced or authored the content. Greg gave this movie 4 out of 5 reels. Tenet stars John David Washington who manipulates the flow of time to prevent World War III. This “history lesson” film stars Ethan Hawke (John Brown) , Daveed Diggs (Fredrick Douglas), Joshua Caleb Johnson (Henry Shackleford) and more. Greg gave this 4 out of 5 reels.
Outlook not improving for beleaguered US movie theaters
About three quarters of the country’s movie theaters are open, but Americans are not going back in significant numbers in the COVID-era, even with new films coming into the marketplace weekly. The faith-based “Infidel,” which stars Jim Caviezel, did the best with $1.5 million from just over 1,700 theaters. Both played in under 500 theaters across the country and neither got much more than $200 per location. “The Nest” earned an estimated $62,000 from 301 locations and “The Secrets We Keep” brought in just under $90,000 from 471 theaters. Christopher Nolan's “Tenet” has only earned $36.1 million from North American theaters to date.
North America box office remains muted as ‘Tenet’ tops again
Moviegoing audiences in North America are not rushing back to the theater just yet. In the second major weekend for U.S. and Canadian movie theaters, Christopher Nolan’s “Tenet” earned only $6.7 million from 2,910 locations, according to studio estimates Sunday. Although it is enough to top the charts, it also isn’t enough to jumpstart the struggling domestic exhibition industry. The weekend’s only major new opener was Sony’s PG-13 rom-com “The Broken Hearts Gallery,” which earned an estimated $1.1 million from 2,204 North American locations. Other still-closed markets include North Carolina, Michigan, New Mexico and the cities of Seattle and Portland.
Pandemic chases 'Wonder Woman 1984' to Dec. 25
NEW YORK – Following the less-than-stellar theatrical debut of Christopher Nolan's “Tenet,” Warner Bros. is delaying its next big release, “Wonder Woman 1984," to Christmas. The postponement of the “Wonder Woman” sequel, which had been scheduled to hit theaters Oct. 2, comes on the heels of Hollywood's strongest attempt to lure moviegoers back to theaters during the pandemic. Warner Bros.' $200 million “Tenet" fared well in its international-first release, but found ticket sales harder to come by in the United States. The “Wonder Woman 1984” postponement suggests Hollywood's fall may go little better than its summer. “Wonder Woman 1984,” one of many blockbusters originally set for the summer, had been the next big-budget release on the calendar.
Launching in U.S. theaters, 'Tenet' tallies $20.2 million
NEW YORK In a litmus test for American moviegoing in the pandemic, Christopher Nolan's Tenet brought in an estimated $20.2 million through the holiday weekend in U.S. and Canadian theaters. Theaters in Canada, where COVID-19 cases are much lower than in the U.S., began showing Tenet a week earlier. In two weeks of release, its overseas total is $126 million, with a global tally thus far of $146.2 million. The film, which cost $200 million to make and at least $100 million to market, will need to get close to $500 million to break even. Disney's The New Mutants," a long delayed X-Men spinoff, collected about $7 million in 2,412 locations last weekend.
'Tenet' to open internationally first, in US a week later
This image released by Warner Bros. Entertainment shows Elizabeth Debicki, left, and John David Washington in a scene from "Tenet." Warner Bros. said Monday that Tenet will not make its August 12 release date. Warner Bros. on Monday said Tenet will arrive in more than 70 countries on Wednesday, Aug. 26, including Japan, Russia, much of Europe, Australia and Canada. The $200 million thriller will open in the U.S. a week later on Wednesday, Sept. 2. Warner Bros. will also deliberately spread out its opening weekend, debuting the film mid-week to space out eager moviegoers.
Christopher Nolan's 'Tenet' delayed indefinitely by virus
Warner Bros. said Monday that Tenet will not make its August 12 release date. And unlike previous delays, the studio this time didnt announce a new target for the release of Nolans much-anticipated $200 million thriller. (Melinda Sue Gordon/Warner Bros. Entertainment via AP)NEW YORK Christopher Nolan's Tenet, which had hoped to herald Hollywood's return to big theatrical releases, has yet again postponed its release due to the ongoing coronavirus pandemic. Warner Bros. said Monday that Tenet will not make its August 12 release date. Warner Bros. Pictures Group chairman Toby Emmerich said the studio will soon share a new 2020 release date for Tenet."