AMC Theatres CEO Adam Aron spoke up Thursday, slamming Warner Bros.’ plan to, including , and , on streaming service the same day they’ll hit cinemas.
“Clearly, Warner Media intends to sacrifice a considerable portion of the profitability of its movie studio division, and that of its production partners and filmmakers, to subsidize its HBO Max startup,” Aron said in a statement previously published by The Hollywood Reporter. “As for AMC, we will do all in our power to ensure that Warner does not do so at our expense. We will aggressively pursue economic terms that preserve our business.”
AMC and other movie theater chains have struggled through 2020 due to— it tried to get audiences back by launching and .
New movie calendar for 2020 and 2021 following coronavirus delays
Warner Bros.’ 2021 films will be available to subscribers of the $15-a-month streaming service for one month after release. The company had made a deal with cinema chains to provide a larger cut of ticket sales — up to 60% — in a one-off agreement for GameSpot., which hits theaters and HBO Max on Dec. 25, as previously noted by CNET sister site
AMC has started “an immediate and urgent dialogue with the leadership of Warner on this subject,” Aron said. He also expressed hope asdraw near.