Christopher Nolan’s tenet marked his first since Dunkirk in 2017. Warner Bros. was always betting that the film would be one of the summer’s biggest movies.
Wonder Woman 1984, another big Warner Bros. summer movie, moved from June to August 14th. Disney’s mulan and black widow moved from March 27th and may 1st to July 24th and November 6th respectively. Paramount’s the SpongeBob movie: sponge on the run moved one week from July 31st to August 7th.
Cinemas are reopening in states that have allowed certain businesses to operate again. There are restrictions on the number of people admitted for screenings to ensure social distancing practices.
‘we’re not completely certain, but we’re planning on anywhere from one to three months to light up that engine again,’ zoradi said.
At & T CEO John Stankey was met with similar concerns during his company’s earnings call. Warner Bros. Disney, and Paramount face losing out on hundreds of millions of dollars if the audience ca n’t show up.
Chapek said there’s a competitive movie that opens one week before the film. Chapek said that’we’re hoping that there’s some return to a semblance of normal’.
Chapek is optimistic, but bakish is a little more cautious. He told analysts on viacomcbs’ earnings call that their teams will’clearly look at the market’.
The executive told analysts not to expect that it’s’going to be a snap back recovery’ when theaters do open. warnermedia is exploring all options for Scooby Doo movie.
Stankey said he thinks that’s going to be something that we’re going to have to watch.’the formation of consumer confidence, not just about going to movies, just in general about being back out in public,’ he said.
Three theaters opened in San Antonio last week, around 3,000 people showed up. It’s enough to make some executives feel confident.
If major chains do n’t open in cities like Los Angeles and New York City, it might make more sense for Warner Bros. to delay tenet deeper in 2020 or into 2021. Nolan desperately wants the movie to be released on July 17th.
‘I do n’t know anyone in America who is pushing harder to get the theaters re-opened and to get his movie released than Chris Nolan,’ he said. Imax CEO Richard Gelfond told analysts on a recent earnings call.