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Wednesday, December 23, 2020

"Godzilla vs. Kong" Battle of Warner Bros. and Legendary Pictures


Godzilla vs. Kong
partners Legendary Pictures and Warner Bros. are in the midst of a tiff over the movie's release on HBO Max or Netflix on the day it is released to theaters.

One side wants to to go on HBO Max and the other wants it on Netflix. 

According to We Got This Covered:

Understandably, cinema owners weren’t too happy when they heard that Warner Bros. plans to release their entire slate of 2021 films on HBO Max the same day that they arrive in theaters. While it might be financially beneficial to a lot of people as a family of say, three or four, would be much better off paying the monthly subscription fee for the platform rather than shelling out for several tickets, the decision has caused a lot of commotion in the industry. Not only with theater chains, but many of the talent attached to the projects that are now headed to the streaming service.

Legendary Pictures, in particular, have been kicking up a big fuss, and may even be launching legal action now, given that they were responsible for a good chunk of the financing for both Godzilla vs. Kong and Dune. In fact, they were going to sell the former movie to Netflix for $250 million before WB put a stop to the deal, only to announce shortly after that it’d be going to HBO Max.

But it seems there’s now a chance that the monster mash-up may be changing course. According to a new report from Deadline, if Warner Bros. doesn’t pay $250 million to Legendary, then they may not be able to bring Godzilla vs. Kong to their streaming site.

While the two (and I'm not referring to Kong and Godzilla) battle it out, all we can do is sit back with some popcorn and see how this plays out.

To read more, go here.

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