The Business
Inside studios’ release strategies for ‘Mulan’ and ‘Tenet’
In a year with very few big movie releases, all eyes were on two films. There was Warner Bros.’ “Tenet,” the time-twisting spy thriller that opened exclusively in theaters at the insistence of director Christopher Nolan.
In a year with very few big movie releases, all eyes were on two films. There was Warner Bros.’ “Tenet,” the time-twisting spy thriller that opened exclusively in theaters at the insistence of director Christopher Nolan. Then there was “Mulan,” which Disney released on-demand for Disney+ subscribers willing to pay the premium fee of $29.99.
Disney and Warner Bros. took big risks with these releases — both movies cost in the ballpark of $200 million. “Tenet” grossed only about $30 million domestically in its first two weeks. Disney hasn’t released numbers on the “Mulan” experiment, though its chief financial officer Christine McCarthy said the company was “very pleased” with the early results.
Media analyst Rich Greenfield of LightShed Partners is skeptical of that last point. He says that it would have made more sense to release “Mulan” for free on Disney+ to drive up interest in the platform, as Disney did for the release of the “Hamilton” movie.
The full episode
2 of 3- 1:15Execs talk up streaming numbers for HBO Max, Peacock, CBS All Access
- 7:29Inside studios’ release strategies for ‘Mulan’ and ‘Tenet’You’re reading this
- 15:39Emmys and Oscars adjust to virtual ceremonies and low-key campaigns