The Matrix Resurrections estimated to lose Warner Bros $100M
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The Matrix Resurrections estimated to lose Warner Bros $100M
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Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#2Uh huh. Sure.
There's a reason they call it Hollywood Accounting[1].
Not that Warner Brothers is new to this game either:
>A Warner Bros. receipt was leaked online, showing that the hugely successful movie Harry Potter and the Order of the Phoenix ended up with a $167 million loss on paper after grossing nearly $1 billion.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#3Space Jam: A New Legacy, The Suicide Squad, Tenet, the Matrix. Not a great run for WB.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#4No post body was provided.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#5I saw it, and enjoyed it for what it was. I will say that it very much felt like a few "Matrix" projects mashed-up together. I especially feel like the new characters could have stood on their own as a miniseries much better.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#6No post body was provided.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#7They killed the matrix with 2 and 3 being so terrible.
that ship had sailed
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#8Space Jam: A New Legacy, The Suicide Squad, Tenet, the Matrix. Not a great run for WB.
Did Tenet lose money? That was a great movie.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#9Doesn't HBO Max streaming somewhat counteract the losses in the theater? When HBO & Warner Bros decided to release all their movies on big screen and streaming at the same time for 2021 (only), part of it was a play to increase their streaming app subscription base? I know that we got a family subscription to HBO Max for exactly this as the main reason.
I would be interested in understanding how the increased revenue in HBO Max streaming subscriptions balances out against the one-time loss they had for big-budget releases in 2021.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#10Uh huh. Sure. There's a reason they call it Hollywood Accounting[1]. Not that Warner Brothers is new to this game either: >A Warner Bros. receipt was leaked online, showing that the hugely successful movie Harry Potter and the Order of the Phoenix ended up with a $167 million loss on paper after grossing nearly $1 billion. [1] https://en.wikipedia.org/wiki/Hollywood_accounting
If there's no profits, there's no need to pay out all of those agreed residuals that they negotiated.