It launches it in one day after heavy losses due to "Corona"

Warner Bros 2021 films are in theaters and online

It is expected that the list of films will include the movie "Suicide Squad" through the "HPO Max" service for a month.

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Studio Warner Brothers, a subsidiary of AT&T, announced the day before yesterday that it will release all of its 2021 films in cinemas and through the electronic broadcast service, HBO Max, on the same day. An unprecedented decline led to a sharp decline in the shares of movie theaters, which are already facing difficulties due to Corona.

The studio said in a statement that the films, which are expected to include "Godzilla v. Kong," "The Suicide Squad," or "Suicide Squad", will be available through the "HBO Max" service for a month, starting from the day it was launched on Thursday. Cinemas.

Other films are also expected to be released in the same way, including a new version of the "Matrix" series.

Shares of AMC Entertainment, the world's largest operator of movie theaters, fell by 16%.

Shares of its rival, "Cinemark", also fell by about 22%, while shares of "AT&T" closed slightly higher.

Led by Jason Keelar, CEO of Warner Media, this change is considered the boldest move yet to bring movies home sooner than usual after they start showing in theaters, and the latest jolt across Hollywood.

Cinemas have long resisted studios ’attempts to reduce the amount of time in which movie theaters can exclusively display new films.

Warner Bros. executives said that this strategy was driven by the Coronavirus pandemic, which reduced the number of moviegoers, and caused the closure of many movie theaters.

For consumers, watching the movie from home may be less expensive than going to the theater, as the monthly subscription cost for the HBO Max service is $ 15, while the average price of two movie tickets in the United States is $ 18.32, according to the report. The National Association of Theaters Owners says.

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