Warner Bros. will produce 10 or more movies exclusively for HBO Max in 2022, says WarnerMedia CEO Jason Kilar. He declared that “motion pictures matter and will continue to matter.”
Kilar spoke as part of’s second quarter earnings call in which he was asked about the company’s distribution strategy for Warner Bros. titles next year. WarnerMedia shook up the industry late last year with its move to have day-and-date HBO Max and theatrical releases for all of the studio’s 2021 slate, given that COVID lockdown conditions had shuttered theaters.
Kilar pointed to Warner Bros. success with the genre film “Godzilla Vs. Kong,” which has raked in $460 million in box office revenue, as a sign that box office turnstiles are still a meaningful revenue generator for the studio. Kilar predicted that Hollywood will “see this industry continue to evolve and innovate in ways that work for not only for consumers and fans but also for our business partners,” he said during the conference call with Wall Street analysts.
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