Lounge of Justice - Part 90

Watching The Grandmaster tonight. Wong Kar-wai and Tony Leung are still a GOAT duo.

i still need to watch this.

i rewatched the ending of chungking express - tony leung telling faye wong he'll go wherever she'll take him.
then that cover of the cranberries song starts playing - so good. perfect ending.
 
Considering that the pandemic is already ramping up again in Europe in a big bad way then I think we should be prepared for no theatrical releases until spring/summer 2021.
 
Wonder Woman 1984’ Release Date Pushed to Christmas

Warner Bros. has postponed the release of “Wonder Woman 1984,” the latest development in Hollywood’s rocky plans to return to the movies.

The superhero sequel starring Gal Gadot, which was expected to debut in theaters Oct. 2, will now touch down on Dec. 25, 2020.

“Patty is an exceptional filmmaker and with Wonder Woman 1984 she has delivered an incredibly dynamic film that moviegoers of all ages around the world will absolutely love,” said Toby Emmerich, Warmer Bros. Motion Picture Group chairman. “We’re very proud of the film and look forward to bringing it to audiences for the holidays.”

Director Patty Jenkins added, “First and foremost let me say how much Gal and I love all our devoted Wonder Woman fans around the world, and your excitement for ‘WW84’ couldn’t make us happier or more eager for you to see the movie. Because I know how important it is to bring this movie to you on a big screen when all of us can share the experience together, I’m hopeful you won’t mind waiting just a little bit longer. With the new date on Christmas Day, we can’t wait to spend the holidays with you!”

'Wonder Woman 1984' Delayed Again - Variety
 
i wouldnt be surprised until 2022 even

I think if a vaccine becomes widely available in the first half of next year then by summer people might feel more comfortable going to theaters again. I just hope that all the theater chains aren't in shambles by that point.
 
Considering that the pandemic is already ramping up again in Europe in a big bad way then I think we should be prepared for no theatrical releases until spring/summer 2021.
I've can already picture a certain type of people on Twitter going "movie theaters must die, just accept it. VOD is the future." :o

But yeah, this sucks.
 
will smith and the og aunt viv janet hubert have made peace?

truly this is 2020 and hell has freezed over.
 
Wait, what?

I'm gonna need a source here, pronto.
 
Well that was quickly resolved lol
I think the strategy seems to be to make whatever money they can by releasing the movie in theaters first on a worldwide scale, and then after a few weeks in theaters (say 3 weeks), release it on VOD. And later-on Streaming.

Edit: It still won't make anywhere close to what the movie would have made in a pre-COVID time, but this way they will minimize the losses and maybe break-even.
 
After releasing Tenet, WB is taking another gamble for WW84...

I don't think things will improve for people living in northern hemisphere as Winter sets in and there can be another wave of COVID outbreak but for the people in southern hemisphere, things might not be so bad for example in markets such as Brazil, Argentina, Mexico, Australia, New Zealand and for countries in South Asia (Indonesia, Malaysia, Singapore, Taiwan)
 
I've can already picture a certain type of people on Twitter going "movie theaters must die, just accept it. VOD is the future." :o

But yeah, this sucks.


VOD is a tough one.

1. Firstly, you cast as wide a net as possible meaning you make the movie available for purchase through as many services as possible in as many regions as possible.

2. You set the price on a case-by-case basis. So Disney set a a $30 price for Mulan (and tied it to their streaming service which isn't available in a lot of countries) but I think $30 is too much. Mulan is a Disney live action movie which would have undoubtedly done good business theatrically but it's not really a must-see movie that the masses would pay $30 for. I think $20 is more reasonable for it. Same thing with, for example, Dune. It might be a movie that audiences are curious about but it's not a must-see so $20 instead of $30. Now, MCU and DC movies, those you can put up for $30 or even $35. It's ironic that studios don't want to put the big comic book movies on VOD because those are probably the only movies that would be guaranteed successes on VOD if the studios want to stick to the $30 price point that is.

3. I have so far only talked about the purchase option but what about rental? Going with rental obviously has some benefits First, you might get some people to pay the $20-30 twice if they decide they want to see the movie again in a week or two. So repeat viewings basically. Second, making the initial release a rental allows you sell the movie to the same audience again later i.e. the home video market. On the other hand, less people are willing to pay $30 for rental. So then it comes down to whether you make more money by making your movie available for purchase immediately or you first make it available for rental (which will make less money comparatively) so you can double dip later.
 
VOD is a tough one.

1. Firstly, you cast as wide a net as possible meaning you make the movie available for purchase through as many services as possible in as many regions as possible.

2. You set the price on a case-by-case basis. So Disney set a a $30 price for Mulan (and tied it to their streaming service which isn't available in a lot of countries) but I think $30 is too much. Mulan is a Disney live action movie which would have undoubtedly done good business theatrically but it's not really a must-see movie that the masses would pay $30 for. I think $20 is more reasonable for it. Same thing with, for example, Dune. It might be a movie that audiences are curious about but it's not a must-see so $20 instead of $30. Now, MCU and DC movies, those you can put up for $30 or even $35. It's ironic that studios don't want to put the big comic book movies on VOD because those are probably the only movies that would be guaranteed successes on VOD if the studios want to stick to the $30 price point that is.

3. I have so far only talked about the purchase option but what about rental? Going with rental obviously has some benefits First, you might get some people to pay the $20-30 twice if they decide they want to see the movie again in a week or two. So repeat viewings basically. Second, making the initial release a rental allows you sell the movie to the same audience again later i.e. the home video market. On the other hand, less people are willing to pay $30 for rental. So then it comes down to whether you make more money by making your movie available for purchase immediately or you first make it available for rental (which will make less money comparatively) so you can double dip later.

The problem with VoD release is that it will give boost to online piracy. It won't take much time before a high quality pirated print of the movie starts getting torrented.

I have already seen few tweets advertising soon to be released the pirated version of WW84, they are anticipating the WB would be foolish enough to release it on VoD first, which will help pirates but not the Studio.
 
The problem with VoD release is that it will give boost to online piracy. It won't take much time before a high quality pirated print of the movie starts getting torrented.

I have already seen few tweets advertising soon to be released the pirated version of WW84, they are anticipating the WB would be foolish enough to release it on VoD first, which will help pirates but not the Studio.

Yes, but if you actually make it legally available through as many platforms as possible worldwide then that will help with piracy. Also, piracy isn't as widespread as you may think. The vast majority of people don't pirate. And those that do may not have gone to see the movie anyway. Not every illegal download is a lost sale.
 
Personally I think they should wait until Justice League is released and then release Wonder Woman. By then hopefully things will be much calmer and it could give Wonder Woman an extra boost.
 
VOD is a tough one.
3. I have so far only talked about the purchase option but what about rental? Going with rental obviously has some benefits First, you might get some people to pay the $20-30 twice if they decide they want to see the movie again in a week or two. So repeat viewings basically. Second, making the initial release a rental allows you sell the movie to the same audience again later i.e. the home video market. On the other hand, less people are willing to pay $30 for rental. So then it comes down to whether you make more money by making your movie available for purchase immediately or you first make it available for rental (which will make less money comparatively) so you can double dip later.
If I remember correctly, WB released Birds of Prey first on VoD purchase at $20 price , then after noticing that it was not getting much demand, they reduced the price to $10 and then made it available on rental as well.

Birds Of Prey | Official Site
 
If I remember correctly, WB released Birds of Prey first on VoD purchase at $20 price , then after noticing that it was not getting much demand, they reduced the price to $10 and then made it available on rental as well.

Birds Of Prey | Official Site

Interesting, I would say that Birds of Prey, despite being a DC film, was never gonna be a top-tier blockbuster bringing in the masses. Secondly, it had already had its theatrical run so the demand for it on VOD can't really be compared to movies that would premiere on VOD.
 
Personally I think they should wait until Justice League is released and then release Wonder Woman. By then hopefully things will be much calmer and it could give Wonder Woman an extra boost.
Problem is, we don't know exactly when Snyder's JL will be released. Could be as early as March or as late as November to coincide with the fourth anniversary. Delaying WW84 for that long wouldn't be a good business decision imo.
 
Interesting, I would say that Birds of Prey, despite being a DC film, was never gonna be a top-tier blockbuster bringing in the masses. Secondly, it had already had its theatrical run so the demand for it on VOD can't really be compared to movies that would premiere on VOD.
Yeah but it did well on VOD, after it's purchase price was set at $10, BoP remained among top five VoD and rental movies in on iTunes and Amazon Prime for a month.
 

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