Earlier this month Warner Bros. released an announcement that shook Hollywood: all of its premieres next year will hit theaters and HBO Max simultaneously. This measure responds to the current situation with Covid-19, and although the public celebrates having the opportunity to enjoy great blockbusters in the comfort of their home, the news was not received in the same way by directors and production houses. According to a new report, the studio could reach a hefty $ 250 million deal with Legendary Pictures, the production company behind Godzilla vs. Kong – 85%.
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According to previous reports, Legendary Pictures learned of the simultaneous releases less than an hour before Warner Bros. released its decision to the media. The production company is not only behind Godzilla vs. Kong, also funded Denis Villeneuve’s upcoming film, Dune. In accordance with Deadline, Legendary will give in to the epic battle of the kajis coming to HBO Max, as long as the studio pays the amount of $ 250 million.
The production company arrived at this assessment when Godzilla vs. Kong it was offered to streaming services months ago. As reported ScreenRantNetflix offered $ 200 million for the film, but Warner Bros. stepped in to reject that deal. They were apparently already plotting for the tape to hit their own streaming service, HBO Max.
On the other hand, the report ensures that while Legendary is willing to give up Godzilla vs. Kong (with a juicy figure in between), he does not plan to do the same with Dune. The report ensures that the production company is even considering a legal battle to avoid at all costs that the film starring Timothée Chalamet reaches HBO Max. The hope is that, by the end of next spring, the vaccine against Covid-19 will begin to take effect and generate herd immunity in the world population:
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Legendary is in a big fight that could result in lawsuits after it funded 75% of Dune and Godzilla vs. Kong and was completely shocked. Rumors have as a solution to that gap to preserve Dune as a traditional release to preserve its franchise potential, given that its release date of October 1 falls well after the estimated date of late spring when Covid vaccines should achieve the herd immunity.
It should be noted that if the millionaire deal between Warner Bros. and Legendary Pictures is carried out, this does not mean that Godzilla vs. Kong will be permanently on HBO Max. The film will be released simultaneously in theaters and on the streaming service, but like any traditional release, it will only stay on the platform for a month. Unlike what happened with Mulan – 83% on Disney Plus, the film will have no additional cost to subscribers.
As previously mentioned, the announcement of Warner Bros. simultaneous releases had a backlash from much of the Hollywood community. Christopher Nolan, who released Tenet without much box office success – 83% months ago, he has been one of the harshest critics of the study’s decision.
WarnerMedia has received very negative comments for prioritizing its new streaming service over the interests of the directors who entrusted its films for 2021. As much of the public celebrates this decision in the middle of the current pandemic scenario, the studio will have to shell out good amounts of money to actors, filmmakers and producers. While it is unlikely that it will back down on its concurrent launch decision (at least not until after the first half of the year), it is speculated that it will lose around $ 1 billion.
Godzilla vs. Kong will premiere on May 21, 2021.
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Warner could pay $ 250 million for Godzilla vs. Kong premieres on HBO Max