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Warner Bros. Sued Over The Terrible Release Of “Matrix Resurrections”

As we already know, Warner Bros.’ choice to give The Matrix Resurrections a hybrid release last year was related to the comeback of Keanu Reeves’ Neo and the Matrix

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As we already know, Warner Bros.’ choice to give The Matrix Resurrections a hybrid release last year was related to the comeback of Keanu Reeves’ Neo and the Matrix series. As a result, the anticipated blockbuster debuted simultaneously in theaters and on HBO Max. This wasn’t the only movie to do so on this streaming service in 2021, however. Due to the epidemic, the company already declared its intention to release forthcoming films in cinemas and on HBO Max in 2020.

According to CEO Ann Sarnoff, “We realize that fresh material is the lifeblood of theatrical exhibition, but we have to balance this with the reality that the majority of theaters in the U.S. will probably run at reduced capacity throughout 2021.” With this special one-year strategy, we can provide a consistent stream of top-notch movies for our exhibition partners while also allowing moviegoers who might not have access to theaters or who aren’t quite ready to go back to the cinemas to experience our fantastic 2021 titles. We see it as a win-win situation for moviegoers and exhibitors, and we are really appreciative of our filmmaking partners for cooperating with us on this creative solution to these problems.

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Source: Warner Bros. Pictures

The corporation that co-produced all of the Matrix movies, Village Roadshow Entertainment Group, was not pleased with this circumstance. In fact, the resentment of the company was so remarkable that it has even decided to sue Warner Bros. for the really bad choice, which is said to be the biggest reason that turn Matrix Resurrections into a huge box office bomb.

The Hollywood Reporter reports that the company claimed in the complaint it filed in Los Angeles Superior Court that: “WB’s sole purpose in advancing the release date of The Matrix Resurrections was to generate a desperately needed wave of year-end HBO Max premium subscriptions from what it knew would be a blockbuster film, despite knowing full well that it would decimate the film’s box office revenue and deprive Village Roadshow of any economic upside that WB and its affiliates could have had.”

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Source: Warner Bros. Pictures

The Matrix Resurrections was released on December 22nd in the US and grossed $153 million worldwide, of which approximately $37 million was recorded at the US box office. Currently, it is unclear what much Village Roadshow has requested in response to these damages.