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‘Wonder Woman 1984’ suffers disastrous 67% plunge

Wonder Woman 1984 took a second-weekend dive closer to Batman v Superman and Suicide Squad than Wonder Woman and Aquaman. Maybe theaters and HBO Max can’t co-exist after all. Wonder Woman 1984 earned $5.5 million in domestic theaters this weekend, dropping a sharp (and almost unprecedented for a Christmas release, save for Justin Bieber’s Believe in 2013) 67% in its second Fri-Sun frame. That’s a drop closer to Man of Steel (-68%), Batman v Superman (-69%) and Suicide Squad (-67%) than the over/under 43% drops for Wonder Woman and Aquaman.…

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Closed Regal cinema, NYC. Photo by Ronny Coste on Unsplash (1)

Why Coronavirus won’t kill the cinema industry

Theaters have faced a rough year with the coronavirus pandemic, but the financial upsides they offer filmmakers should help secure their future. Since Netflix released its first film, “Beasts of No Nation,” five years ago, the rise of streaming services has transformed the distribution of feature films to audiences around the globe. In 2020, Covid-19 took a sledgehammer to the theatrical market, and chaos ensued. With Warner Bros. breaking a longstanding precedent, thanks to its recent decision to release its entire 2021 slate simultaneously in movie theaters and on HBO Max,…

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Streaming wars: how threatening are they really to the film industry?

In a world of countless entertainment opportunities, movies are one of the few remaining proven ways to attract a new audience and retain existing ones. Yet the dominant narrative seems to be that in the age of the internet the old system of theatrical release can no longer cater for audiences worldwide – or so we are told. Digital technologies – streaming in particular – are expected to replace the legacy of theatrical releases, bringing movies into the fold of the growing Direct-to-Consumer (DTC) list of industries, as opposed to…

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