Warner Bros. to produce more than 10 movies specifically for HBO Max

Warner Bros. will boost HBO Max next year with more than 10 brand-new motion picture titles made specifically for the streaming service, WarnerMedia CEO Jason Kilar stated Thursday.

Speaking throughout AT&T’s second-quarter revenues call, Kilar stated that theatrical releases will continue to be essential to the business, however it can’t disregard the success it has actually seen from at-home watching.

“The motion picture format absolutely matters and it matters in a number of ways,” Kilar stated. “It matters in theaters …They also matter at home and, absolutely, in terms of the response that we’ve gotten not just from that title but from all of our day in day titles. We feel very good about the response that consumers have given it in the home.”

During the 2nd quarter, HBO and HBO Max topped 47 million U.S. customers, up 2.8 million from the very first quarter. Globally, customer numbers reached 67.5 million since completion of June, up from 63.9 million last quarter.

WarnerMedia has actually made use of a day-and-date release design for its theatrical releases in 2021, which puts its function movies on the cinema and on HBO Max on the very same day. This technique will vanish in 2022 and Warner Bros. movies that are allocated for theatrical release will run specifically in movie theaters for a minimum of 45 days.

Films made simply for HBO Max will just go to theaters in minimal perform at choose areas if they are anticipated to be Oscar competitors.

“In terms of where things go in the future, I think it’s fair to say that, and I’ve said this before publicly, I certainly don’t anticipate us going back to the way the world was in 2015 or 2016 or 2017, where windows were quite lengthy between theatrical and home exhibition whether it was an a la carte transaction or something else,” Kilar stated.

WarnerMedia, which is presently owned by AT&T, is anticipated to combine with Discovery next year if the deal is authorized by regulators.