Dade Hayes Finance EditorJohn Stankey, CEO of WarnerMedia parent AT&T, put to rest a scenario increasingly floated by movie fans hankering for Christopher Nolan’s Tenet, saying the film won’t stream before it plays in theaters.The CEO was asked during a conference call with analysts Thursday about the feasibility of releasing major titles like Tenet on HBO Max and eliminating their theatrical runs.
During the months-long closures of movie theaters due to COVID-19, that kind of distribution pattern has been tested by studios like Universal and Disney.
No distributor has tried it on titles at the budget level of the highest end of Hollywood blockbusters, however. “Is it going to happen with a movie like Tenet or something like Wonder Woman?”.
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