{"id":10933,"date":"2022-02-08T12:06:06","date_gmt":"2022-02-08T12:06:06","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/08\/warner-bros-sued-over-the-matrix-resurrections-dual-release\/"},"modified":"2022-02-08T12:06:06","modified_gmt":"2022-02-08T12:06:06","slug":"warner-bros-sued-over-the-matrix-resurrections-dual-release","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/08\/warner-bros-sued-over-the-matrix-resurrections-dual-release\/","title":{"rendered":"Warner Bros. sued over The Matrix Resurrections&#8217; dual release"},"content":{"rendered":"<p> <a href=\"https:\/\/go.fiverr.com\/visit\/?bta=1052423&nci=17043\" Target=\"_Top\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/fiverr.ck-cdn.com\/tn\/serve\/?cid=40081059\"  width=\"601\" height=\"201\"><\/a>\n<\/p>\n<div>\n<p id=\"why-it-matters\"><strong>What just happened?<\/strong> Warner Bros. is being sued over The Matrix Resurrections, and it\u2019s nothing to do with the quality of the film itself (I\u2019ve not seen it so can\u2019t comment). The co-financiers of the fourth Matrix movie, Village Roadshow, have filed a lawsuit over its hybrid theater\/streaming release, claiming it was a move by Warner Bros. to attract subscribers to HBO Max. <\/p>\n<p>Variety <a href=\"https:\/\/variety.com\/2022\/film\/news\/matrix-resurrections-village-roadshow-sues-warner-bros-1235173757\/\">reports<\/a> that Village Roadshow has a 20-year relationship with Warner Bros. during which time it co-financed several movies, including The Matrix trilogy, Joker, and the Oceans series.<\/p>\n<p>As with all of Warner Bros. 2021 movies, the Matrix Resurrections was released at theaters and on HBO Max simultaneously to offset declining cinema attendance that came as a result of the pandemic. But Village Roadshow says Warner Bros. did not consult with or notify the company before deciding to put the Matrix Resurrections on HBO Max.<\/p>\n<p><iframe loading=\"lazy\" title=\"The Matrix Resurrections \u2013 Official Trailer 2\" width=\"720\" height=\"405\" src=\"https:\/\/www.youtube.com\/embed\/nNpvWBuTfrc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>The Matrix Resurrections has barely broken even on its estimated $190 million budget. It took $37 million in the US, the lowest of any Matrix film, and just over $153m worldwide. The Matrix Reloaded, the highest-grossing movie of the franchise, made over $740 million in 2003.<\/p>\n<p>&#8220;WB\u2019s strategy not only ensured that The Matrix Resurrections would be a bust at the box office, but it also inflicted serious harm to the entire Matrix franchise,&#8221; the suit claims. &#8220;There can be no doubt that the abysmal theatrical box office sales figures from The Matrix Resurrections dilute the value of this tent pole franchise as a film\u2019s lack of profitability generally prevents studios from investing in additional sequels and derivative films in the near term.&#8221;<\/p>\n<p>The suit also alleges that Warner Bros. used the pandemic as an excuse to move The Matrix Resurrections\u2019 April release date to the end of the year, thereby creating a &#8220;desperately needed wave of year-end HBO Max premium subscriptions.&#8221; AT&amp;T last month said that HBO and HBO Max had ended 2021 with 73.8 million combined subscribers, beating expectations.<\/p>\n<p><picture style=\"padding-bottom: calc(100% * 1440 \/ 2560)\"><source type=\"image\/webp\" data-srcset=\"https:\/\/static.techspot.com\/images2\/news\/bigimage\/2022\/02\/2022-02-08-image-4-j_1100.webp 1100w, https:\/\/static.techspot.com\/images2\/news\/bigimage\/2022\/02\/2022-02-08-image-4-j.webp 2560w\" data-sizes=\"(min-width: 900px) 1100px, 100vw\"\/><img loading=\"lazy\" decoding=\"async\" height=\"1440\" width=\"2560\" src=\"https:\/\/static.techspot.com\/images2\/news\/bigimage\/2022\/02\/2022-02-08-image-4.jpg\" alt=\"\" class=\"b-lazy\"\/><\/picture><\/p>\n<p>Village Roadshow is claiming breach of contract and alleging that Warner Bros. is also &#8220;devising various schemes&#8221; to deprive it of rights to follow-ups to other co-owned films such as sequels to Charlie and the Chocolate Factory and Edge of Tomorrow, writes <a href=\"https:\/\/www.theguardian.com\/film\/2022\/feb\/07\/warner-bros-sued-over-abysmal-matrix-resurrections-release\">The Guardian<\/a>. Village Roadshow also notes that some wholly-owned WB movies, such as The Batman and Black Adam, were delayed into 2022 and will receive exclusive theatrical releases this year.<\/p>\n<p>&#8220;This is a frivolous attempt by Village Roadshow to avoid their contractual commitment to participate in the arbitration that we commenced against them last week,&#8221; Warner Bros. said in response. &#8220;We have no doubt that this case will be resolved in our favor.&#8221;<\/p>\n<p class=\"tsadinc\">Back in 2020, director Christopher Nolan <a href=\"https:\/\/www.techspot.com\/news\/87882-christopher-nolan-slams-warner-bros-dual-release-plan.html\">slammed<\/a> Warner Bros.&#8217; dual-release plan and called HBO Max the &#8220;worst streaming service.&#8221;<\/p>\n<\/p><\/div>\n<iframe src=\"https:\/\/www.fiverr.com\/gig_widgets?id=U2FsdGVkX18x7XQvttUTrv1oEqmGNGTgvvCUiUoJ\/AP4z\/UyMz8lXGOLpu15jIMxBbTR0gmD5uBoFvhC4KWeALQRp3h\/X\/AwcVD0K8Wj9H\/ZzYKzcCNHosB9oS4SCJJFWiN85P9ICAc4OgCoE\/wHKIY7CDkf2\/DQ1vqGvk4smVe5cRDEmrLPCWi4FC8p40VUhSmWQ5udCm0zoJtorgWv3vbDQw0kKYkwn39ozAnQXDe+YvWMxkLFWA+O3TFwkJvdkIK+\/AUSnRssPKt5WHY0FhNOxnSPcLslEL4G4\/RfP95ve99U+kRnDy3X+KtzdQLY+u935ghON\/o3UE4IMv9oN6JX9RnxzL\/LRcOgnHigxStSGPKsZYtnz8RWNVT\/rOLAibqiWJadC5MYHRbekF3eg6FOGrQGkXYbsn0+a5aovnlLCbLwIqY9fcS17UX8J235iQ6cdmHNbrPeS84CMm34RA==&affiliate_id=1052423&strip_google_tagmanager=true\" loading=\"lazy\" data-with-title=\"true\" class=\"fiverr_nga_frame\" frameborder=\"0\" height=\"350\" width=\"100%\" referrerpolicy=\"no-referrer-when-downgrade\" data-mode=\"random_gigs\" onload=\" var frame = this; var script = document.createElement('script'); script.addEventListener('load', function() { window.FW_SDK.register(frame); }); script.setAttribute('src', 'https:\/\/www.fiverr.com\/gig_widgets\/sdk'); document.body.appendChild(script); \" ><\/iframe>\n<br \/><a href=\"https:\/\/www.techspot.com\/news\/93311-warner-bros-sued-over-matrix-resurrections-dual-release.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What just happened? Warner Bros. is being sued over The Matrix Resurrections, and it\u2019s nothing to do with the quality of the film itself (I\u2019ve&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-10933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-universe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Warner Bros. sued over The Matrix Resurrections&#039; dual release - mailinvest.blog<\/title>\n<meta name=\"description\" content=\"Technology is forever changing, and there are always new pieces of technology to replace obsolete ones. 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