The ‘Matrix Resurrections’ co-producer is suing Warner Bros. for disappointing box office earnings

The co-producer of The Matrix Resurrectionsin a new trial, blames the film’s lackluster box office numbers on a same-day streaming release. According to The Wall Street JournalVillage Roadshow Entertainment Group filed a complaint today against Warner Bros., the owner of the HBO Max streaming platform. The suit alleges that the same-day release of The Matrix Resurrections and pushing back the film’s release date was a breach of contract. The lawsuit also claims that moving the film’s release date from 2022 to 2021 was an offer by Warner Bros. to increase HBO Max subscriptions.

The decision taken last year by Warner Bros. to release a full slate of new movies simultaneously on HBO Max and in theaters has raised many eyebrows. In addition to The matrixthe 16 other movies in Warner Bros. Simultaneous Release Strategy Included Dunes, Godzilla vs. Kong, mortal combat, king arthur, and others. The experience probably doomed their fate at the box office, because The envelope Noted. Only two of the 17 films have made more than $100 million in domestic box office sales.

The Matrix Resurrectionswhich was released in December, normally a peak time for box office receipts, grossed over $37.2 million in domestic box office sales, according to BoxOfficeMojo. This is a notable drop from a number of other blockbusters with theatrical releases only last winter, such as Spider-Man: No Homecomingwhich grossed over $748 million at the domestic box office and the James Bond film no time to diewhich grossed over $160 million at the domestic box office.

Village Roadshow also alleges that Warner Bros. attempts to keep the company out of future movie and TV deals. “WB has also devised various schemes to deprive Village Roadshow of its continuing co-ownership and co-investment rights in derivative works of the films it co-owns,” the lawsuit alleged.

The matrix The lawsuit is the latest dispute between Hollywood studios and the media companies that own the streaming platforms. Black Widow actress Scarlett Johansson last year for follow-up Disney over the film’s simultaneous release strategy, which it says hurt its box office prospects and its own revenue. Johansson then received a undisclosed settlement from Disney last fall.

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