A metaphorical bomb was dropped yesterday in the world of the film industry. Though the bomb was not a real explosive, there has already been significant real-world damage to theater chains such as AMC Theatres, Regal Cinemas, and more, as WarnerMedia announced plans to release its entire 2021 Warner Bros.
film slate simultaneously in theaters and HBO Max. After the announcement, stock prices tumbled for the major theater chains as people started to really see the writing on the wall—movie theaters are never going to be the same again.
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