Last month Warner Media announced that Wonder Woman 1984 would be released on HBO's

at home streaming service HBO Max and it was going to release it on the same day

that the movie was going to be released in theaters. Right after that

Warner Media said all of their 2021 blockbusters would follow the same strategy for 17 of their big movies like

Dune and the sequel to the Matrix.

Not everybody is thrilled about this.

Here to explain is RICO Media's Peter Kofka.

Hey Peter.

Hey Teddy.

So why is this such a big deal?

It doesn't Netflix release movies on their own all the time?

Like, why is it such a big deal to release a movie on a streaming service at the same time as in a theater?

It's a big deal because prior to the pandemic, no big Hollywood studio ever did that.

It's something some of them talked about wanting to do and trying to do or trying to do not even that but like maybe you could watch a crappy Eddie Murphy movie 20 days after it came out in the theater if you paid 60 bucks.

It's the thing that people like you and me have been talking about forever, why can't I watch

the movie at home when it's in the theaters I'll pay extra for.

Why do I have to decide to go to a theater? And it hasn't happened because the theaters, for for studios from the get-go

that.

Netflix from the get-go said we think that's dumb we think you should be able to

see movies whenever you want the theaters also hate that.

Netflix for a while said we're not even going to bother putting movies in theaters.

And then eventually it turned out the people like Martin Scorsese, who they wanted to work with, really

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