Yes, and it also makes me angry. If Zaslav hadn't loaded up this celebrated studio with more than $50 billion in debt for his vanity acquisition, he wouldn't have to nickel and dime a great director. If the greedy little weasel cared about film as art, he wouldn't want to. https://t.co/1BtCn5RH9t
WB did not top Netflix in a bidding war. Lucky Chap chose theatrical over a guaranteed profit, despite Netflix’s massive audience.
This was the right choice Movies that play in theaters are always going to be more valuable in the long run than movies that don’t And if they are successful, they are going to end up on Netflix getting money from Netflix eventually anyway https://t.co/FKFpqBwSam
In recent discussions about the future of Hollywood, studio executives and industry insiders have expressed a growing preference for theatrical releases over streaming options. Steve Asbell, a notable studio executive, emphasized the importance of theatrical distribution and the potential for original films within established franchises. This sentiment is echoed by others who argue that the traditional approach to filmmaking is being overshadowed by the streaming model, which often prioritizes volume over quality. The conversation also highlights a shift in attitudes, with some directors and stars expressing frustration over the lack of theatrical releases for films produced by streaming giants like Netflix. Despite Netflix's vast audience, a bidding war with Warner Bros. (WB) revealed that some production companies, such as Lucky Chap, are opting for theatrical releases instead of guaranteed profits from streaming. Additionally, concerns have been raised regarding the financial burdens on studios, particularly with the significant debt incurred by Warner Bros. under CEO David Zaslav's leadership, which some believe is impacting creative decisions.