He managed to round up $ 5 million in ticket sales.
The many saints of Newark is one of the latest Warner Bros. movies to show the negative effects when a movie is released in theaters and on streaming platforms together. The film, which serves as a prequel to the award-winning HBO series. The sopranos, only received $ 5 million in ticket sales nationwide.
Despite the film receiving mixed reviews, due to its R rating and its connection to a series that ended more than ten years ago, experts predicted low box office numbers. National expectations ranged from $ 7 million to $ 12 million.
How did you do on HBO Max?
One main reason the movie scored such low numbers may be because it airs for free on HBO Max. The film was highly anticipated and resulted in many views on HBO Max. The analyst was Paul Deregarabedian, the senior media analyst at Comscore. Everyone who became obsessed with The sopranos they made sure to watch the movie from the comfort of their homes, Paul said.
The studio had no comment when CNBC reached out to the film.
Warner Bros error
Most of the studios decided to make the movies available for both theaters and streaming platforms. It worked well when vaccination rates were high and viewers didn’t have the confidence to see it in theaters. But now that most have been vaccinated, things have changed.
While other films have begun to open in exclusive theaters, Warner Bros. did not change their plans. The Suicide Squad, Space Jam: A New Legacy, other In the heights He did well on HBO Max, but received bad numbers at the box office.
But Warner Bros. revealed that they will return to the cinema, only in 2022, in July.
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