![]() When asked about talent payments, Kilar told Vox's Peter Kafka that HBO Max would pay a licensing fee for Warner Bros. They have decided to play favorites."Ī WarnerMedia spokesperson declined to comment. "I would say they have to be very careful, or they'll end up in court pretty soon. They're saying even though you have a contract to be paid a certain amount, they're not paying them anything," the Hollywood insider said. "They are deciding to pay some people for films going to HBO Max and other people. Instead, WarnerMedia has been telling talent - actors, producers, directors, and writers - that some will receive payments related to what would have been a piece of the box-office revenue and others will see their payday cut because of the pandemic, the Hollywood insider said. The Hollywood insider told Business Insider he had expected some kind of email follow-up from Warner's 49-year-old tech-whiz chief executive Kilar but described the lack of follow-up as "unprofessional." WarnerMedia had given a select number of executives a same-day heads-up on the news, one insider said. In Hollywood, big-name directors and major film financiers were horrified to read about Warner's seismic movie giveaway in the trade media outlets. movies as they hit theaters and responds to speculation about 2022 and beyond Read more: HBO Max's chief breaks down the seismic decision to stream all 2021 Warner Bros. HBO Max is providing a new revenue stream via its license fee, but it's unclear what kind of a trade-off that will be for movie creatives banking on big box office. One major Hollywood film insider said some people had given up three years of their lives to make movies that were now unlikely to pay out because Warner was leaning on the pandemic. (An ad-supported tier is coming next spring.) The movies will be free of charge for subscribers of its $15-a-month subscription service. While movies such as Lin Manuel Miranda's "In The Heights," "The Suicide Squad," and "Matrix 4" will still get a theatrical release, they'll also be simultaneously available on the company's streaming property HBO Max. ![]() Several senior Hollywood industry executives and exhibition industry executives told Business Insider on Thursday night they were furious about Warner's decision to release next year's slate to streaming at the same time as they debut in theaters. In shifting the company's entire 2021 slate of 17 big movie releases to HBO Max, he has created havoc with Hollywood and the cinema exhibitors. Jason Kilar, WarnerMedia's new chief executive, appears to have stepped on a live wire. Visit Business Insider's homepage for more stories. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |