Dr.D wrote: ↑December 8th, 2020, 4:39 pm This issues is far more complex than simply streaming vs theaters. It's about the integrity of filmmaking and the fact that at the end of the day, a massive group of people who've worked tirelessly to create films are having their work minimized by a studio owned by a massive telecommunications company who couldn't care less about movies. As much as I personally am not a fan of Christopher Nolan, he has every right to be angry.
Nobody makes money not releasing a movie, but it's worse when only a small fraction of those involved get everything.
I agree with you. When I made the posts I made earlier, I was operating under the assumption that they (Warner) already worked everything out with all the effected parties.
From what I've heard, the theater vs streaming isn't what these potential lawsuits are about. What the REAL issue is money, of course. Directors like Nolan get bonuses, on top of their original deals, which stipulate that if their films do (say a billion dollars for example) at the box office, than certain directors, producers, actors, etc get a bonus (usually a few million dollars). The director (I forget her name), and Gale Gadot on WW84, Warner gave those two their bonuses on that film. So they were fine with how it got released. Nolan and others have similar deals, and Warner didn't negotiate with them before making this announcement, that's the REAL issue. Now, sure theatrical vs streaming is an issue as well, but it's secondary for sure.
Going forward two things could potentially happen; for one, Warner (and other studios) won't make those kinds of "box-office" deals anymore. So this issue is temporary in that regard. The bigger issue is that certain directors, actors, etc might not want to work for Warner because of this. Which makes the whole "not discussing" issue even more confounding.
Having said all of that, here is the rest of the story that isn't being reported much. Warner wanted to release a film for Christmas (they are feeling this pandemic like everyone else), and having a big film for Christmas was their goal. They wanted it to be Tenant. Nolan has a deal in his contract where he has power over when the film is to be released. It CANT be within 6 weeks of any other Warner Brothers film. Legendary pictures also has these deals with Warner, and it effects Godzilla vs Kong and Dune. So Warner wanted to put it out for Christmas, and work the rest of their schedule oppropriatly. But Nolan would not work with Warner on this. So from their perspective, so it was Nolan that drew the "first blood" if you will. (Which Tenet lost Warner $100 million). Apparently Legendary has also not been "playing ball" with Warner in regards to Dune and Godzilla vs Kong either. What Warner is doing, they feel, they have the right to do. They have 100% of the distribution rights to all of these films. So from their perspective, they didn't do anything wrong. Although its not good business to not discuss it with you business partners.
Bottom line, it's an interesting time to be following this stuff. New things happen nearly everyday.