WarnerMedia says it's 'rethinking' its theatrical model because of the coronavirus pandemic
Another 2020 movie is skipping theaters and going straight to consumers' homes during the coronavirus pandemic, and the company behind it is "rethinking" the theatrical model because of the crisis.
Warner Bros. Pictures announced Tuesday that its latest Scooby-Doo animated movie Scoob! won't be released in theaters as planned and will instead debut on video-on-demand next month. Universal Pictures' Trolls World Tour previously released on demand during the pandemic, and Disney has similarly announced it's sending Artemis Fowl straight to Disney+ when it was originally set for a May theatrical release.
WarnerMedia CEO John Stankey said on an earnings call Wednesday, "We're rethinking our theatrical model and looking for ways to accelerate efforts that are consistent with the rapid changes in consumer behavior from the pandemic," The Wrap reports. He also referenced the new release plan for Scoob! as an example of a "new normal."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Analysts in recent weeks have speculated over what other films might forgo a theatrical release during the pandemic and whether studios skipping theaters for movies that aren't massive blockbusters could become more common, even after the end of the crisis. So far, though, the year's biggest blockbusters have been postponed until theaters widely reopen, and Warner Bros. itself pushed movies like Wonder Woman 1984 and In the Heights so they can receive a theatrical release when it's safe to do so.
Still, when Universal released Trolls World Tour on demand earlier this month, National Association of Theater Owners President John Fithian wasn't happy, telling The Hollywood Reporter, "Exhibitors will not forget this." With Stankey's comment about rethinking the theatrical model, The Verge's Julia Alexander tweeted, "I'm sure NATO is super happy to hear the head of WarnerMedia tell investors" that, and Deadline notes that on the call, the Warner chief failed to offer "any overtures of condolence to theater owners."
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
Geoff Capes obituary: shot-putter who became the World’s Strongest Man
In the Spotlight The 'mighty figure' was a two-time Commonwealth Champion and world-record holder
By The Week UK Published
-
Israel attacks Iran: a 'limited' retaliation
Talking Point Iran's humiliated leaders must decide how to respond to Netanyahu's measured strike
By The Week UK Published
-
Crossword: November 2, 2024
The Week's daily crossword puzzle
By The Week Staff Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published
-
Boeing machinists reject deal, continue strike
Speed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
By Peter Weber, The Week US Published
-
Ports reopen after dockworkers halt strike
Speed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
By Peter Weber, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published
-
Disney and DeSantis reach detente
Speed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
By Peter Weber, The Week US Published
-
Visa and Mastercard agree to lower swipe fees
Speed Read The companies will cap the fees they charge businesses when customers use their credit cards
By Peter Weber, The Week US Published