This isn’t great for Warner Bros., no matter how John Stankey tries to frame it.
The Hollywood Reporter is reporting that Wonder Woman 1984, which earned $37.7 million domestically and $110.7 million overseas for a total of $148 million, will lose Warner Bros. more than $100 million at the box office according to their sources.
The outlet could not determine if this loss would be mitigated by the gain in new subscribers for HBO Max.
Another report from THR determined the number of activated users added to HBO Max. In early December, just before the release of WW84 on their streaming platform, AT&T CEO John Stankey touted that the service was nearing 12.6 million activated users.
AT&T claims to have beat their initial forecast by “a full two years,” but with no international presence, other streaming platforms still beating them at home, and one of their biggest blockbusters bombing at the box office, which only garnered them less than five million new activated users on HBO Max. So, it doesn’t look good for Warner Bros. and their future releases if they perform the same with such little gain