Can ‘Wonder Woman 1984’ Lift HBO Max Into Streaming Contention?

Tim Baysinger
·1 min read

WarnerMedia is banking on an Amazonian goddess to jolt its streaming ambitions, even if it’s going to cost them financially. Warner Bros.’ decision to give “Wonder Woman 1984” a day-and-date release in theaters and HBO Max on Christmas Day sent shockwaves throughout the film industry. The follow-up to Patty Jenkins’ 2017 hit becomes the biggest movie film so far to get rerouted to streaming amid a worsening pandemic that, despite positive vaccine news, isn’t expected to abate anytime soon. The simultaneous release on HBO Max — where it will be available for a month at no extra cost to subscribers — should take a big dent out of box office revenues, which were expected to be around $1 billion globally. The first “Wonder Woman” earned north of $800 million, with $413 million in the United States alone. But with COVID-19 cases spiking all across the country and leading to many states to re-enact stricter policies, a full theatrical release in the U.S. will not be viable for some time. Also Read: Can 'Wonder Woman 1984' Still Lasso Big Revenues With a Simultaneous HBO Max Release? “I think the studio hoped/believed that it could release domestically for a $30 – 40...

Read original story Can ‘Wonder Woman 1984’ Lift HBO Max Into Streaming Contention? At TheWrap