Thread regarding AT&T layoffs

Some of these posts prove why a telco company should not be running the most prestigious, well run, well managed, well respected media company for the last 100 years! Warner brothers are rolling over in their graves! Stick to cell phones “tellies”!

All this does is cheapen the cinema experience. There is nothing revolutionary about made for TV movies, that has been around for more than half a century.

Do you really think investors are going to put 100s of millions of dollars into a production if it is just going straight to people's phones?

Way to ruin yet another business Stankley.

/sarc I'm so sad that I couldn't watch Lawrence of Arabia and Dr. Zhivago on my phone screen when they first came out. I had to watch it on the big screen. What a sad day! I couldn't squint at a 4 in. screen to see David Lean's magnificent cinematography. I'm so happy that technology has freed us from the tyranny of the big screen. /sarc

Interesting analysis in this tweet by Nicholas Grous (an analyst for Ark Invest)

Disney + Warner Media made up >50% of box office returns in 2019.

If Disney does move to a hybrid model like Warner, the other studios have no choice but to follow, and then what?

Consumers will love the convenience, and the studios will rip that away from them in 2022? No.

Link to the tweet with a graphic showing 2019 box office market share

https://twitter.com/GrousARK/status/1337135421545992192

Not surprising that AT&T makes a decision without thinking through all the ramifications of it. 1 year is enough time for Stinky to maybe get a deal with roku before he's thrown out.

But seriously though, what did you expect? You put an arrogant, incompetent f00l who couldn't even manage a landline telco in charge of major media, OF COURSE he's and his lackeys are going to fokk it up.

I give a maximum of three years before T sells a ruined Time Warner for a fraction of what they paid.

The problem they now face is the fact people will have a choice in how they see a movie ... given said choice, most folks would elect to watch it at home

The actual problem is that nobody will pay $30 to stream a movie, whereas two cinema tickets can easily cost that (in a Tier-1 market). And this decreased revenue inevitably means decreased paydays for the Hollywood elites.

They don't give a rat's rear about whether their work is shown in a "legitimate" theater or in-home; that is a smokescreen to distract the muppets.

The only reason the directors / producers are whining is because their business model is being disrupted. The problem they now face is the fact people will have a choice in how they see a movie since it will release on streaming platforms and theaters the same day. They know full well that, given said choice, most folks would elect to watch it at home since the theater experience is such a sh—show these days. To be honest, I think the decision to stream them same day is the ONE decent decision the company has made in years.

Regardless it’s too expensive compared to the competition. Netflix rivals in cost, but it is delivering new content daily.

they have been STANKED!

Gee, what a shocker, T disrespectful to workers!

Come on, man!

Backlash is from some directors and move producers who don't want to face reality. Streaming is the path forward to see movies, at least in 2021. May be Time Warner should charge something extra for these, but in the year of Covid there is no reason to go to a theater. This was the right move regardless of what some Hollywood types say.