As the news sank in about AT&T winding down its Hollywood foray via a $43 billion merger of WarnerMedia and Discovery, one word summed up the film industry’s prevailing reaction.
Relief.
Not only does the deal end the three-year shadow cast by AT&T, numerous sources told Deadline, but it averts another scenario — a tie-up with NBCUniversal — with more dire implications.
The climate at AT&T-run WarnerMedia is already showing signs of shifting even before the deal close, which is expected in mid-2022. Deadline hears that Dune, the high-profile Denis Villeneuve sci-fi remake out this fall, will not adhere to the day-and-date release pattern established for the entire 2021 slate. Instead, it will premiere in Venice in September and then enter theaters for a time before finding its way to streaming service HBO Max.
Addressing the deviation in release plan, Warner Bros distribution chief Jeff Goldstein said there was “no change...
Relief.
Not only does the deal end the three-year shadow cast by AT&T, numerous sources told Deadline, but it averts another scenario — a tie-up with NBCUniversal — with more dire implications.
The climate at AT&T-run WarnerMedia is already showing signs of shifting even before the deal close, which is expected in mid-2022. Deadline hears that Dune, the high-profile Denis Villeneuve sci-fi remake out this fall, will not adhere to the day-and-date release pattern established for the entire 2021 slate. Instead, it will premiere in Venice in September and then enter theaters for a time before finding its way to streaming service HBO Max.
Addressing the deviation in release plan, Warner Bros distribution chief Jeff Goldstein said there was “no change...
- 5/17/2021
- by Dade Hayes
- Deadline Film + TV
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