Following the surprising and game-changing announcement of WarnerMedia’s intention to give their entire 2021 movie slate a simultaneous theatrical and HBO Max release, different reactions have arisen.
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.
As for AMC, we will do all in our power to ensure that Warner does not do so at our expense.
AMC Theaters CEO Adam Aron is one of the people who had expressed disappointment over the announcement.