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Friday, November 22, 2024  
19 Jumada Al-Awwal 1446  

'Matrix' co-producer Village Roadshow sues Warner Bros over streaming release

Alleges that Warner Bros moved the release date of the film to 2021 from 2022 to help HBO Max attract more subscribers
People wait to get inside the theatre. PHOTO SOURCE: Reuters
People wait to get inside the theatre. PHOTO SOURCE: Reuters

"The Matrix Resurrections" co-producer Village Roadshow Entertainment Group has filed a lawsuit against Warner Bros, alleging the studio's move to release the film simultaneously on HBO Max and in theaters was a breach of contract.

In a suit filed in the Los Angeles superior court on Monday, Village Roadshow also alleged that Warner Bros, owned by AT&T Inc (T.N) unit WarnerMedia, had moved the release date of the film to 2021 from 2022 to help HBO Max attract more subscribers.

The lawsuit pointed to other box-office winners such as "SpiderMan: No Way Home" that were released in late 2021 without a simultaneous streaming release.

"We have no doubt that this case will be resolved in our favor," a spokesperson for Warner Bros said.

Warner Bros had announced in late 2020 that its entire slate of movies for 2021 would be available in theaters and on HBO Max on the same day.

The news underlines growing tensions between entertainment players as media companies sharpen their focus on their streaming platforms at the cost of traditional distribution platforms.

Last year, actress Scarlett Johansson got into a legal dispute with Walt Disney Co (DIS.N) over the film "Black Widow" after the company offered the movie on its subscription streaming service Disney+ at the same time the film was playing in theaters.

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