all earnings from the exploitation of the films’ copyrights, not just those it can’t hide through sweetheart deals to benefit HBO Max.”Representatives for Warner Bros.
did not respond to a request for comment. Among the claims, Village Roadshow is saying Warner Bros. breached contract and did not follow industry standards by releasing “The Matrix Resurrections” day-and-date both in theaters and on HBO Max the same day for its first month of release.
It goes on to accuse WB of fully knowing that the film’s release date shift — from April 2022 to December 2021 — was done specifically to boost HBO Max subscribers and would knowingly tank the film’s box office.
It even quotes WarnerMedia CEO Jason Kilar as saying “We’d make the same decision again,” even though that decision “ensured that ‘The Matrix Resurrections’ would be a bust at the box office…[and] inflicted serious harm to the entire ‘Matrix’franchise.”“The Matrix Resurrections” made $37.2 million at the domestic box office, but it has also grossed $153 million worldwide.
Read more on thewrap.com
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