Sony Pictures Takes Common Sense Approach – Won’t Release Expensive Films Until Theaters Are Safe and Return To Significant Capacity

Sony Pictures Entertainment Chairman Tony Vinciquerra recently spoke with The Wrap about the current atmosphere of releasing massive blockbusters during the pandemic and with the theater reopenings and suggested they’re not convinced about releasing their expensive movies too soon. 

VINCIQUERRA: “What we won’t do is make the mistake of putting a very, very expensive $200 million movie out in the market unless we’re sure that theaters are open and operating at significant capacity.”

They seem to be specifically speaking out about Tenet’s disastrous domestic debut given that Warner Bros. film cost them $200+ million, but had only managed to make $9.4 million on opening weekend and another $6.7 million in the second weekend. That studio believed the turnout of audiences would be greater because they were offering a massive movie to the masses and that thinking backfired. 

It is worth noting that Sony Pictures was one of the first studios to pull their big tentpoles out of the summer lineup and pushing them to 2021. 

I’m curious what this means for March movies like Morbius and Ghostbusters: Afterlife along with other big films such as Venom: Let There Be Carnage, Uncharted, and Spider-Man 3. 

Also, what does it being “safe” look like? Waiting until a vaccine for COVID-19 is in circulation?

Here is the rundown of Sony’s 2021 live-action blockbuster schedule but I wouldn’t count on these dates sticking. 

  • GHOSTBUSTERS: AFTERLIFE – March 5th 
  • MORBUS – March 19th 
  • VENOM: LET THERE BE CARNAGE – June 25th 
  • UNCHARTED – July 16th 
  • SPIDER-MAN 3 – December 17th

SOURCE: THE WRAP

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