Well, in another sense, that was my point: No. They did not.
And they'll KEEP trying to relive the 10's over and over until it finally "works".
No, the 90's had actual movies, and you could fill a plex with them.
Of course, the 90's--for which we especially doubled our plex screens after Jurassic Park and T2--also had the, quote, "middle-tier" movies:Ben wrote: ↑December 9th, 2020, 5:11 amThe 90s created the term "franchise", and Warners was king with Batman. Every film they made was made with an eye on "can this be a franchise?", like The Fugitive for instance, which fizzled after two films, as did Ace Ventura and Analyze This. They had a lot of expensive misfires, like Wild Wild West and The Avengers, as well as some big hits that never got past film one (Twister, Maverick), before they unexpectedly hit paydirt with The Matrix.
https://deadline.com/2020/12/caa-richar ... 234654147/Jason,
The blind side Warner Brothers announcement Thursday was entirely unacceptable to CAA and to the clients we represent.
So we are clear about what is unacceptable:
You made a decision to release our clients’ movies in an unprecedented manner – a simultaneous release theatrically and on your own streaming service, HBO Max – without consideration of our clients’ desires or contractual rights. It plainly violates the rights of a number of our clients who hold approval rights over distribution plans and streaming selections.
Your determination to release our clients’ movies on HBO Max at the same time as in theaters effectively torpedoes the theatrical release and dramatically harms our clients’ ability to earn backend compensation, which they negotiated for, expected, and have every right to protect.
You chose to release our clients’ movies on your own streaming service without any input from or discussion with our clients and you made no effort to negotiate with or otherwise seek out market-rate deals with other streaming services. This is the epitome of a self-interested corporate maneuver intended to benefit your company while wreaking havoc on the industry and ignoring and greatly damaging our clients’ creative and financial interests.
To the extent you negotiated a license fee with HBO Max, which remains unclear, we reject that entirely as that is the job of their representation and is, in many cases, in violation of our clients’ approval rights.
You made a decision about movie distribution based on your opinion about the potential theatrical marketplace when it is impossible to predict that marketplace through the end of 2021. Indeed, it ignores the very real possibility of a vaccine in Q1 or Q2 2021 that would likely result in a reopened theatrical market with robust demand.
Without any apparent basis, you have taken a contradictory position for the domestic and international marketplaces, seemingly with the belief that the international marketplace is safe and strong enough for our clients’ movies. In doing so, you have ignored the reality that the compromised domestic theatrical release will hurt films’ international performance, will hurt all of the downstream distribution channels, and therefore will hurt our clients.
You unilaterally determined a value for our clients and their work to benefit the long-term prospects of HBO Max and the finances of AT&T, a choice that our clients did not make and a value decision that is out of sync with the marketplace and other streaming platforms.
The bottom line is that you are trying to take advantage of our clients to benefit your company. Neither we nor our clients will stand for it.
Worst of all, in a business of relationships, you violated trust and boundary.
In doing so, Warner Brothers has made a statement that relationships with artists and their representatives are not important to the studio.
The leadership of CAA has worked with Warner Brothers for nearly four full decades. At one point, Warner Brothers took pride in the studio leaders’ relationships with artists. Today, the only scarce resource in our business is talent. To insult talent this way is to redefine your company in a way that is a major setback.
We reject the deals you have made with yourself on behalf of our clients.
Our clients’ contractual rights will be enforced.
Our lines of communication are open, but our point of view is clear.
CAA Leadership Group
Reports have the Directors Guild of America also having sent a letter stating it’s upset.