n2nbaby said:
This info is incorrect. The new Trolls movie will now be streaming the day of what was supposed to be it’s release. The Invisible Man, The Hunt, Emma, The Way Back, Bloodshot and more were all streaming just a few weeks from their original release dates. Onward will be on Disney+ next week. It’s uncharted territory and many movies are going to streaming and have been talked about going the VOD route."
All of those movies (with the exception of Trolls) had releases to theaters prior to the theater shutdown - so all received a theater opening and at least had the opportunity to generate box office revenue. Trolls is only set to be available on-demand digitally, not via a streaming platform, and it's considered a pretty controversial move by Universal, and extremely unlikely to recoup any of the costs associated with the production of that movie.
Not that that really matters as the main point of the argument is that in order to make any money on big budget movie releases, it makes zero sense for any studio to go straight to streaming now. That generates almost no revenue for the studios outside of whatever streaming service is willing to pay for the distribution rights. There's basically no chance that a streamer will shell out $100M for the streaming/distribution rights to a big budget movie.
Updated On: 3/23/20 at 09:02 AM