In a statement sent to Hollywood Reporter he held back even less, saying the decision made “no economic sense” and that the big stars “went to bed the night before they thought they were working for the biggest movie studio and woke up to find out they were working for the worst streaming service. “
He’s just one name on the list of those upset by the move, along with Variety reporting that Legendary Entertainment – which co-funded Dune and Godzilla vs. Kong – can sue Warner Bros. for the move. The New York Times has more details on the complicating factors in this decision, as everyone is wondering how the release of HBO Max will affect how much money they can make. While the studio has apparently negotiated an additional payment for the director and star of Wonder Woman 1984, many people and businesses impacted on the 2021 list were notified of the decision just minutes before its announcement, if notified.
According to the two outlets, Netflix offered to buy Godzilla vs. Kong for up to $ 250 million, but Warner Bros. prevented the agreement. the New York Times reports that the HBO Max arrangement will pay Warner Bros. license fees for the broadcast rights to each film for 31 days, with a floor of $ 10 million or 25% of the film’s net production costs