While the studio sold off some of its other properties including “Coming 2 America,” and the forthcoming “The Tomorrow War” to streamers itching to get their hands on additional content, it held on to “A Quiet Place 2,” the John Krasinski-directed horror sequel, until Memorial Day weekend last month and has accrued $135 million in the United States and over $200 million worldwide.
Since opening simultaneously in theaters and on the company’s streaming service, HBO Max, on June 11, the adaptation of Lin Manuel Miranda’s Broadway musical has earned only $22.5 million.
“I would call the moviegoing market during the last month ‘tentative,’” said David A.
While moviegoers could see “Quiet Place” and “Fast 9” only in theaters, most of the other new releases offered in the past month offered consumers multiple viewing options, clouding the ultimate success of these long-delayed movies.
film “Space Jam: A New Legacy” will be free for consumers on HBO Max when it opens in theaters, similar to Universal’s “Boss Baby” sequel, which, in a rare twist for the studio, will release in theaters and for free on its streaming service, Peacock.
Ms. Langley doesn’t think so.
“You don’t shut down a $42 billion business for 15 months, rearrange the pieces and expect it to be back to full strength in a month or two,” he said.