Connect with us

Entertainment

Movie Theaters Could Slash Ticket Prices For Warner Bros. Films

Published

on

  • Industry insiders told The Hollywood Reporter that theaters are considering slashing the prices of tickets to Warner Bros. films after the studio announced it would be releasing its 2021 pictures to theaters and HBO Max simultaneously.
  • Prices for movies by the studio could be down to just $3 to $5 per ticket. Theaters also want to take anywhere between 75% to 85% of that revenue, leaving Warner Bros. with almost nothing. 
  • This is not the first jab theaters have taken against the studio since this move was announced. AMC cited Warner Bros. and direct-to-streaming models as one of the major reasons the chain’s financial struggles could continue into the next year. 
  • Hollywood leaders, including directors like Christopher Nolan and Judd Apatow, have also spoken out against Warner Bros. for this release strategy. Like many, they take issue with the fact that it was made without consulting filmmakers, and there are questions about how financially sustainable the move will be in the long run. 

Theaters Debating Slashing Prices 

As major movie theater chains cite Warner Bros. as one of the many causes of their ongoing financial struggles, some theaters could opt to dramatically cut the prices of tickets for movies made by the studio.

Insiders told The Hollywood Reporter that theaters are considering bringing prices down between $3 to $5 per ticket for Warner Bros. films. They then would aim to keep 75% to 80% of the revenue, leaving the studio with almost nothing. 

This comes after Warner Bros. announced that they would release all of their 2021 titles on HBO Max the same day those pictures come out in theaters. This release strategy will start with the highly anticipated “Wonder Woman 1984” on Christmas day. 

The studio received backlash from leaders all across the entertainment industry for this move, which came without a warning. Many were shocked that Warner Bros. made this choice without consulting filmmakers while others thought the choice was a major dig at movie theaters, which are already suffering from the pandemic. On top of this, filmmakers are also concerned that allowing new films to go directly to streaming will not be profitable in the long run for blockbuster releases.

WarnerMedia CEO Jason Kilar has defended this decision, saying that the studio still supports theaters, but needs to think in terms of what is and is not possible as the coronavirus continues infect millions across the United States

“I absolutely believe in the theatrical marketplace,” Kilar said in an interview with Deadline. “I say that with conviction because I know fans care about it… Our focus, candidly, is on the here and now. We’re focused on getting through this pandemic like any business is, and we’re putting a lot of brain cells against what the right thing is to do to serve fans and to serve partners and to serve ourselves.”

Movie Theaters Vs. Warner Bros.

Still, many in the industry remain upset with this strategy. Both AMC and Cinemark have said they will have to consider whether or not to screen Warner Bros. movies on a title-by-title basis. AMC also said that it could run out of money by January, citing the direct-to-streaming release models as one of the reasons why.

The theater chain giant wrote in an SEC filing that the promise of many Americans potentially being vaccinated against the virus sometime next year has “a material positive impact on our industry,” but in the meantime, problems keep mounting. 

“A significant spike in coronavirus cases, together with delays of major movie releases or the direct or simultaneous release of movie titles to the home video or streaming markets in lieu of theatre exhibition, have led to theatre closures, prevented the opening of theatres in major markets and have had, and are expected to continue to have in the future, a material adverse impact on theatre attendance levels and our business,” that filing said. 

“These challenges have been exacerbated by the announcement by Warner Bros. that its entire studio film slate for 2021 will move to simultaneous release, which may result in other studios adopting a similar strategy.”

Movie theaters need studios to release new exclusive content if they have any hopes of surviving the pandemic. If people have the chance to watch these movies from their couch on a subscription service instead of the theaters, box office revenue could suffer, putting theaters in an even worse position than they are already in.

Filmmakers Speak Out 

Theaters are not the only ones who have vocally opposed Warner Bros. Major filmmakers have also spoken out against the studio for putting its streaming service ahead of theaters. 

“Some of our industry’s biggest filmmakers and most important movie stars went to bed the night before thinking they were working for the greatest movie studio and woke up to find out they were working for the worst streaming service,” director Christopher Nolan, who has had a long standing relationship with Warner Bros., told The Hollywood Reporter. 

He doubled down on his feelings while speaking to The Washington Post on Tuesday. 

“The studio needed to collaborate with the filmmakers on what was going to happen,” he told the paper. “They didn’t speak to the filmmakers, they didn’t speak to the theater chains.”

“It’s the type of disrespect that you hear about in the history of show business,” writer and director Judd Apatow added during a round table interview with Variety. “But to do that to just every single person that you work with is really somewhat stunning.”

Apatow also called the decision a “financial nightmare.”

Timothée Chalamet appeared to take a stand against the studio while capping off his hosting gig on Saturday Night Live. The actor wore a sweatshirt with the logo of Legendary Entertainment, the production company behind his upcoming flick “Dune.” Legendary is set to challenge Warner Bros. over this decision, and many thought Chalamet’s clothing choice was a show of support. 

See what others are saying: (The Hollywood Reporter) (Business Insider) (Fox Business)

Entertainment

Britney Spears’ Attorney Files Petition To Oust Father as Conservator

Published

on

Spears’ new attorney, Mathew Rosengart, said there are “serious questions” regarding “potential misconduct, including conflicts of interest [and] conservatorship abuse.”


Mathew Rosengart Petitions Court To Remove Jamie Spears

Britney Spears’ attorney, Mathew Rosengart, filed a petition Monday to remove the singer’s father, Jamie Spears, as her financial conservator. 

Jamie Spears has served as his daughter’s financial conservator for 13 years. In the filing, Rosengart said the elder Spears “profited handsomely” from the position. He asked that Jamie be replaced with a Certified Public Accountant named Jason Rubin, who Rosengart described as “objectively intelligent” and “highly qualified” for the job. 

The petition is 120 pages long and contained scathing remarks about Jamie. Britney has made it clear she wants him removed from the conservatorship, which she wants to be terminated entirely. During a statement in June, she called the situation “abusive” and specifically condemned her father. 

“He loved the control to hurt his own daughter 100,000%. He loved it,” she said.

Rosengart has promised to be a stronger advocate for Britney than her previous lawyer, Samuel Ingham, was. He seems to be following through on his word by challenging Jamie’s status as a conservator just weeks after being appointed Britney’s attorney. 

“Serious questions abound concerning Mr. Spears’s potential misconduct, including conflicts of interest, conservatorship abuse and the evident dissipation of Ms. Spears’s fortune,” he wrote. 

The petition claims that Jamie made at least $2.1 million from Britney’s residency in Las Vegas, snagging a 1.5% cut of gross revenues and merchandise. It also claims that he paid himself $16,000 a month from Britney’s estate, which is $2,000 more than he gave Britney. On top of that, Jamie reportedly took another $2,000 for business purposes. 

Rosengart wrote that while it might be common for a manager or agent to make this kind of money, someone in Jamie’s position should not be. 

“He is a conservator, and, as a conservator, his role is to be burdened by, rather than benefit from, the conservatorship.”

Britney’s Mother Speaks Out

Both Britney’s personal conservator, Jodi Montgomery, and her mother, Lynne Spears, gave statements in the filings echoing the need for Jamie to be removed from his role. Montgomery emphasized that his departure was necessary for the singer’s welfare.

“It would be best for Ms. Spears’ well-being and mental health that her father stop acting as her conservator,’ she wrote. 

Lynne did not hold back on criticizing Jamie, saying Britney’s relationship with her father has “dwindled to nothing but fear and hatred” because of the control he exerts over her. She also claimed that he relied on Britney’s house staff, medical aides, and security team to “inform on and report back to him each and every detail of every action” in his daughter’s life.

“Such scrutiny is exhausting and terrifying, like living in custody,” she said. 

This petition does not terminate the conservatorship fully, but Rosengart said that could be something the court has to examine one day further down the line. 

“There might well come a time when the court will be called upon to consider whether the conservatorship should be terminated in its entirety and whether — in addition to stripping his daughter of her dignity, autonomy and certain fundamental liberties — Mr. Spears is also guilty of misfeasance or malfeasance warranting the imposition of surcharges, damages or other legal action against him,” Rosengart wrote.

See what others are saying: (NPR) (NBC News) (New York Times)

Continue Reading

Entertainment

Simone Biles Withdraws, Naomi Osaka Ousted in Rough Day at Olympics. Both Cite Heavy Pressure To Perform

Published

on

Biles pulled out of the women’s gymnastics team final due to a medical issue while Osaka lost in the third round of the women’s singles tennis tournament.


Team USA Takes Silver in Women’s Gymnastics

Olympic gold medalist Simone Biles shocked the world Tuesday after pulling out of the women’s gymnastics team finals at the Tokyo Games due to a medical issue.

She left the competition area with a medical examiner after faltering during her vault performance, which was pretty out of character for Biles, who is the most decorated gymnast of all time. However, she later told NBC’s Today that her withdrawal was not due to a physical injury.

“Physically, I feel good, I’m in shape,” she explained. “Emotionally, that kind of varies on the time and moment. Coming here to the Olympics and being the head star isn’t an easy feat, so we’re just trying to take it one day at a time and we’ll see.”

Biles said she isn’t sure whether she will compete Thursday in the individual all-around competition and is just going to “take it day by day.”

The gymnastics star later talked about not wanting to cost her team a medal or injure herself by performing her dangerous stunts in the wrong headspace.

“It’s just it’s not worth it, especially when you have three amazing athletes that can step up to the plate and do it,” she said, according to The New York Times.


Biles has previously been pretty open about all the pressure she’s been feeling amid the Games, writing in an Instagram post on Sunday, “I truly do feel like I have the weight of the world on my shoulders at times. I know I brush it off and make it seem like pressure doesn’t affect me, but damn sometimes it’s hard hahaha! The Olympics is no joke.”


Russia went on to take gold at the competition while the U.S. took silver, ending more than a decade of American domination in the event. Still, it’s worth noting that Russia’s margin of victory proved no single mistake by the U.S. was to blame for their second-place finish.

According to The Times, it wasn’t just Jordan Chiles’ fall on floor or Biles’ weak vault. “It was a combination of those two mistakes plus Biles’s absence on the other apparatuses plus truly standout performances from Russia on three out of four events.”

Holding that same sentiment, many fans are defending Biles against anyone suggesting she was solely responsible for the team’s missed shot at first place, noting that the country’s strategy to win can’t just be based on expecting her to generate huge margins for them.

Tennis Star Speaks Out After Olympic Loss

Day four of the Games proved to be similarly rough on tennis star Naomi Osaka, who will leave Tokyo without a medal after losing to Marketa Vondrousova of the Czech Republic in the third round of the women’s singles tennis tournament.

Osaka, who represented Japan at the Games, faced high expectations to do well as she is the highest-paid female athlete in the world and the host country’s face of the Games.

“I’m disappointed in every loss, but I feel like this one sucks more than the others,” she said.

“I definitely feel like there was a lot of pressure for this. I think it’s maybe because I haven’t played in the Olympics before and for the first year [it] was a bit much.”

She later added, “I feel like my attitude wasn’t that great because I don’t really know how to cope with that pressure, so that’s the best that I could have done in this situation.”

Osaka has been open about her mental health struggles before, with her citing, among other things, the way speaking with reporters after matches create self-doubt, so one can only imagine what she was feeling with all of the eyes on her at such a huge international event. 

Despite the surprising performances from Biles and Osaka, people all over the world are continuing to praise them for being trailblazers in their sports and for being so candid when it comes to topics like mental health. 

See what others are saying: (ESPN)(Axios)(CNN)

Continue Reading

Entertainment

Lil Nas X Starts Bail Project Fund After Releasing Prison-Set Video for “Industry Baby”

Published

on

The singer said he is working to address “the disproportionate impact that cash bail has on the black community.


Lil Nas X Starts Bail X Fund

Following the release of his latest single “Industry Baby,” Lil Nas X launched a partnership with The Bail Project that aims to cover bail funds for people across the country. 

The music video for the song took place in the fictional “Montero State Prison,” a reference to the title of his upcoming album and the singer’s real name. While Lil Nas X spent much of his time online promoting the video with memes, he put a pause on the jokes Saturday to announce the Bail X Fund and bring attention to issues regarding incarceration in the United States. 

“On a serious note, I know the pain that incarceration brings to a family,” Lil Nas X tweeted. “And the disproportionate impact that cash bail has on the black community. That’s why I teamed up with @bailproject to create the Bail X Fund.”

The Bail Project aims to eliminate cash bail in the U.S.  It has posted over $47 million in free bail for over 17,000 low-income people across the country. It also provides post-release support and services to those who need them.

“Music is the way I fight for liberation. It’s my act of resistance,” Lil Nas X wrote in a statement on the fund’s website. “But I also know that true freedom requires real change in how the criminal justice system works. Starting with cash bail.”

The Fight to End Cash Bail

According to the Prison Policy Initiative, like many issues within the criminal justice system, cash bail disproportionately harms Black Americans. The group claims that Black and brown defendants are somewhere between 10% to 25% “more likely than white defendants to be detained pretrial or to have to pay money bail.” It also argues that Black men are 50% more likely to be detained pretrial than white defendants, and says Black and brown defendants generally “receive bail amounts that are twice as high as bail set for white defendants – and they are less likely to be able to afford it.”

Lil Nas X said he is “doing something” to address these issues and invited his fans to join him. He hopes that his efforts will encourage other artists to use their platforms to likewise speak about these injustices.

“Ending cash bail is one of the most important civil rights issues of our time,” he wrote. “Donate what you can to the Bail X Fund. Let’s bring people home & let’s fight for freedom and equality.”

A donation tab was attached to the song’s music video, where it says nearly $44,000 has been raised for the Bail X Fund. The video has blown up on YouTube, racking up over 31 million views. It remains the number one trending video in music as of Monday morning. 

The song has likewise found success on Spotify, where it debuted at number two and eventually reached the number one spot.

See what others are saying: (Billboard) (NBC News) (A.V. Club)

Continue Reading