Tenet Falls Back

As I’ve stated in any COVID-19 related post on this blog, the release of movies in theaters is far from the most pressing concern as it relates to the pandemic. However, this site covers the world of film and a significant development occurred today when it comes to that future.

Christopher Nolan’s Tenet has long been seen as the first real test of financial viability for theaters. For several months now, it has been the tentpole release pegged to be out of the gate before all others. With its $200 million budget and with one of the few directors behind it that guarantees an audience, a direct to streaming output has never been an option. Many other smaller budget features have already gone that route and it’s been covered here. Tenet was originally scheduled for a global bow last Friday (July 17) before shifting to July 31 and then August 12. Hours ago, Warner Bros. made an announcement that many have been anticipating. The thriller starring John David Washington and Robert Pattinson has now moved to a familiar release date… TBD.

The studio’s press release still indicates a desire for a 2020 rollout. The announcement goes on to say that Tenet may not receive a traditional release. Reading between the lines – this means it could be out in foreign markets before it hits screens stateside. This is in no doubt related to the recent surge of COVID cases in North America vs. other parts of the world.

Why is this announcement on one movie so big? Because a domino effect is sure to follow and it has already started. Rom com The Broken Hearts Gallery from Sony Pictures shifted its August 7th date to TBD shortly after. The Russell Crowe pic Unhinged is still slated to open next weekend (July 31). We will see if that holds (it could be a prime candidate for streaming).

Disney’s Mulan is currently scheduled for August 21. I would not be surprised if this changes and quickly. You may recall that it was originally supposed to come out in March when the pandemic began shutting down sectors of the economy.

Warner Bros. also revealed that The Conjuring 3 (part of their flagship horror franchise) is now moved to summer of 2021. One must wonder what other studios will do with some of their high profile product scheduled for September and October (August is pretty much wiped out at this juncture save for Mulan at the moment). That list includes A Quiet Place II (already delayed from spring) and Wonder Woman 1984 (already delayed from summer).

Bottom line: the fall back of Tenet greatly increases the probability of November being the real start of major product in the multiplexes. That’s when already delayed projects like Black Widow, No Time to Die, and Soul are scheduled. And that is, of course, tentative as well in this new cinematic reality.

A New Cinematic Universe

The world is different this week. We are all beginning to feel it and know it. The Coronavirus has impacted the economy, our day to day activity, and our way of life. That will continue for the foreseeable future. I have already written once before about COVID-19 and its impact on what this blog focuses on… the movies.

I know it may seem trivial. And, in many ways, it is. Yet this is a movie blog. It’s a blog mostly devoted to box office predictions and that’s certainly what gets the most views on here.

So some thoughts:

The box office, like numerous other sectors of our economic fabric, is going to suffer. When I last wrote about Coronavirus just days ago, the latest James Bond picture No Time to Die had been pushed from April to November. There were other release date changes, but that was the headline.

What we’ve seen in the past 24 hours has been an escalation and an extreme one. A Quiet Place Part II, Mulan, The New Mutants, and F9 have all moved to either indefinite status or to 2021. Other less tentpole titles have followed suit. Expect that to continue over the coming days.

Simply put – the American moviegoing experience is grinding to a halt. There are legitimate questions as to whether theaters will even stay open and with the announcements of the past week, it certainly would not be a massive shock at this juncture.

This blog may change until further notice. And we’re going through a period of time where we will need to get used to change. Again… maybe it sounds trivial and there are larger considerations to work through in our day to day operations…

Nevertheless, on this MOVIE blog… I’ll say this…

Let’s be kind to one another during this time. There will be stories of inspiration in the coming days through this darkness. We will see the humanity of our populace.

We are inspired by movies. Many of us may have some more time in the coming days and weeks to scour the vaults of streaming services and television. If your kids are home from school, maybe it’s time to inspire them with the Star Wars franchise or animated classics or The Goonies if they’ve never seen them. I know they inspired me.

If you’re a die-hard movie buff like I am, maybe it’s time to rewatch the pictures that inspired you. We could all use that lift right now.

Tom Hanks once said, “My job has always been to hold a mirror up to nature”. We’ve certainly seen him do that in many terrific performances. We wish him well. These are new challenges we face and we will prevail. Let’s be proud of the nature of our reflection in the mirror as we get through this.

The Coronavirus and The Movies

Let me start by stating the obvious – with COVID-19 or the Coronavirus dominating the worldwide news cycle, its impact on the moviegoing public is very far from the most important story. However, this is a blog focused on the world of film and especially the box office.

There is no doubt that COVID-19 has touched the cinematic universe this week and beyond. The major news in this space began a couple of days back when the latest James Bond pic No Time to Die was delayed from April 10th until November. Producers made no secret that Coronavirus was the reason. For a tentpole release of this stature to get delayed opens up the real possibility of others that could follow. On a smaller scale, the Dave Bautista comedy My Spy was pushed from next Friday to mid April.

News continued yesterday as the South by Southwest Festival in Austin was canceled. Scheduled to begin on March 16, SXSW serves as a launching pad for dozens of features and documentaries. In 2020, this included such high profile titles as David Lowery’s The Green Knight, Judd Apatow’s The King of Staten Island with Pete Davidson, and Michael Showalter’s The Big Sick follow-up The Lovebirds starring Kumail Nanjiani and Issa Rae.

We will see what the future brings as outside factors are certainly influencing how studios and festival organizers make decisions.