The Matrix Resurrections: Warner Bros. Sued Over HBO Max Day-and-Date Release: Report

WarnerMedia, the parent of Warner Bros. released its entire 2021 catalogue on HBO Max.

The Matrix Resurrections: Warner Bros. Sued Over HBO Max Day-and-Date Release: Report

Photo Credit: Warner Bros.

Keanu Reeves and Carrie-Anne Moss in The Matrix Resurrections

Highlights
  • The Matrix Resurrections is the fourth instalment
  • Hollywood studios want to grow their streaming services
  • WarnerMedia is the parent compnay of Warner Bros.
Advertisement

The Matrix Resurrections' co-producer Village Roadshow is suing Warner Bros. alleging breach of contract over the studios decision to release the movie on a streaming platform at the same time as it hit theatres, a report said Monday.

The suit, filed in Los Angeles, is the latest chapter in a growing battle between those who stand to profit from cinematic releases and Hollywood studios who want to grow their streaming services.

It follows a very public spat between Scarlett Johansson and Disney in which the Black Widow star sued for loss of earnings because the film hit Disney+ while it was still in theatres. The two sides later settled out of court.

WarnerMedia, the parent of Warner Bros. released its entire 2021 catalogue on HBO Max, as Hollywood grappled with the COVID-19 pandemic and closed theatres.

The suit by Village Roadshow Entertainment Group alleges the studio moved The Matrix Resurrections' release date to 2021 from its originally scheduled 2022 to help drive more subscriptions to HBO Max, the Wall Street Journal reported.

WB's sole purpose in moving the release date of The Matrix Resurrections forward was to create a desperately needed wave of year-end HBO Max premium subscriptions from what it knew would be a blockbuster film, the suit said, according to the Journal.

Despite knowing full well that it would decimate the films box office revenue and deprive Village Roadshow of any economic upside that WB and its affiliates would enjoy, the suit said.

The Matrix Resurrections is the fourth instalment of the original reality-or-simulation Keanu Reeves vehicle.

By early February, it had grossed around $153.5 million (about Rs. 1,150 crore) at the box office worldwide.


Is Red Notice more (or less) than the sum of its leads: Dwayne Johnson, Ryan Reynolds, and Gal Gadot? We discuss this on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.

The Matrix Resurrections

  • Release Date 22 December 2021
  • Language English
  • Genre Action, Sci-Fi
  • Cast
    Keanu Reeves, Carrie-Anne Moss, Yahya Abdul-Mateen II, Jessica Henwick, Priyanka Chopra Jonas, Jada Pinkett Smith, Lambert Wilson, Daniel Bernhardt, Eréndira Ibarra, Jonathan Groff, Neil Patrick Harris, Christina Ricci, Telma Hopkins, Max Riemelt, Toby Onwumere, Brian J. Smith, Andrew Caldwell, Ellen Hollman
  • Director
    Lana Wachowski
  • Producer
    Grant Hill, James McTeigue, Lana Wachowski
Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Poco M4 Pro 5G India Launch Set for February 15: Expected Price, Specifications
Chrome OS 98 Update Released With Emoji 14.0 Support, Network Based Recovery and Bug Fixes
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »