Advertisement

WarnerMedia CEO Feels No Pressure to Push Films to Streaming Despite Disney’s ‘Mulan’ Move

Jason Kilar, CEO of Warner Bros. parent company WarnerMedia, is not interested in following Disney’s move to skip theaters for tentpole films like “Mulan” and release them directly on streaming or on-demand video. “Our orientation is to lean to theatrical, for not just ‘Tenet’ but also ‘Wonder Woman’ and other titles,” Kilar told TheWrap. “I think it would be unfair for me to say that any of us can predict the future and where COVID-19 goes… We’re in a very privileged position, because we have these great movies that are in our shop, and now it just comes down to the decisions that we make to be able to get them in the hands of consumers. Our orientation is theatrical and we haven’t moved off that.” Disney CEO Bob Chapek on Tuesday dropped the bombshell during the company’s third-quarter conference call that the studio’s much-delayed live-action epic “Mulan” would forgo a domestic theatrical release (for now) and instead debut on the company’s nascent Disney+ streaming platform for a premium of $29.99. Also Read: Will Disney's 'Risky Gamble' With 'Mulan' Pay Off? Disney wasn’t the first studio to make such a move — Universal lit the fuse when it released “Trolls...

Read original story WarnerMedia CEO Feels No Pressure to Push Films to Streaming Despite Disney’s ‘Mulan’ Move At TheWrap