I can certainly understand how another company releasing movies on a separate streaming platform that you profit less from from will hurt your main revenue sales at the box office upon release. Particularly if your main source of revenue is at the box office.
Separately, it's also not surprising that streaming has also hurt the box office as well particularly when mixed in with COVID and also the writers strike, which IMO created a period where box office movies were underwhelming.
What this risks leading to is more movie studios having their own streaming platforms with even more exclusive titles to protect the revenue of their own films that they want people to enjoy both at the box office and through streaming.
It's a complex issue, if you create a fantastic movie and you need to recover the costs of said movie then it makes sense you'd want to only show the film in the places where you retain as much of the revenue as possible, whilst balancing viewership.
I can certainly understand how another company releasing movies on a separate streaming platform that you profit less from from will hurt your main revenue sales at the box office upon release. Particularly if your main source of revenue is at the box office.
Separately, it's also not surprising that streaming has also hurt the box office as well particularly when mixed in with COVID and also the writers strike, which IMO created a period where box office movies were underwhelming.
What this risks leading to is more movie studios having their own streaming platforms with even more exclusive titles to protect the revenue of their own films that they want people to enjoy both at the box office and through streaming.
It's a complex issue, if you create a fantastic movie and you need to recover the costs of said movie then it makes sense you'd want to only show the film in the places where you retain as much of the revenue as possible, whilst balancing viewership.