Warner’s has now taken it off the release calendar. It might open on a country by country basis. Or even a city by city.
https://variety.com/2020/film/news/t...an-1234699068/
Warner Bros. has removed “Tenet” from its release calendar, delivering a big blow on the exhibition industry at a time when movie theaters had hoped to peg their re-opening to the late summer debut of Christopher Nolan’s sci-fi thriller.
Though necessary given the mass uncertainty over when cinemas across the globe can safely reopen, the decision further complicates Hollywood’s already bumpy plan to revive moviegoing. “Tenet” was originally scheduled to debut on July 17 but was pushed back twice until Aug. 12. It’s unclear when it will now welcome audiences, but the studio plans to share a new release date “imminently.”
“We will share a new 2020 release date imminently for Tenet, Christopher Nolan’s wholly original and mind-blowing feature,” said Warner Bros. chairman Toby Emmerich in a statement. “We are not treating Tenet like a traditional global day-and-date release, and our upcoming marketing and distribution plans will reflect that.”
The studio also announced that “The Conjuring 3” has been postponed to June 4, 2021. The eighth entry in Warner Bros.’ horror franchise was schedule to debut in theaters on Sept. 11. However, “The Conjuring: The Devil Made Me Do It” was supposed to have additional shoots scheduled for April. Since production across the globe hasn’t been able to resume, it wouldn’t be ready in time for its target release date.
“Our goals throughout this process have been to ensure the highest odds of success for our films while also being ready to support our theater partners with new content as soon as they could safely reopen,” Emmerich said. “We’re grateful for the support we’ve received from exhibitors and remain steadfast in our commitment to the theatrical experience around the world. Unfortunately, the pandemic continues to proliferate, causing us to reevaluate our release dates.”
Sources at Warner Bros. stress that they will have to be flexible with its plans to release “Tenet,” which means it will not have a traditional theatrical rollout. Movie theaters overseas have already started to reopen, so there’s a chance it could launch internationally prior to a domestic release. That would be welcome news for exhibitors in Europe and Asia, two robust moviegoing markets that haven’t had a new Hollywood movie to entice audiences in months. In their plans to reopen, movie theater owners recently expressed concern to Variety that the global box office has all but been “forgotten” by U.S. studios. Previous films from “Nolan” have earned more than 50% of box office revenues from theaters overseas.