Re:The Matrix Resurrections estimated to lose Warner Bros $100M
by mason55 on Monday January 10, 2022 @09:34PM
(#29886595)
HBO is owned by Warner
Re:The Matrix Resurrections estimated to lose Warner Bros $100M
by chipotle_coyote on Monday January 10, 2022 @10:23PM
(#29887051)
That doesn't mean that there isn't a contract between HBO and Warner Studios involved for this, as crazy as it sounds. It doesn't mean that there definitively is one, either -- but depending on how the different divisions are structured, HBO may well be paying Warner for the streaming rights.
My impression is that this sort of deal -- where the production arm may well shop around a product to different networks/services, even if the parent company actually owns one -- is becoming less common as nearly everyone's starting their own streaming service, but AFAIK it still happens, particularly for movies.
From HBO's perspective, they also benefit from having a 'blockbuster' in their catalogue since it signals to potential subscribers that they're a platform you can expect to view high-budget movies.