After WB's handling of Tenet, Nolan looks for a new home.
When AT&T decided to prioritize streaming during the pandemic, it rubbed a lot of filmmakers the wrong way. We wondered if that would hurt Warner Bros.' stock with filmmakers who wanted their movies to play primarily on the big screen.
One of the most outspoken people in this fight was Christopher Nolan, whose movie Tenet had its release shifted and eventually put in theaters and then quickly online.
Well, Nolan has a new movie he's shopping around now. And while he would normally take it right to WB, he's shopping it all over Hollywood, taking offers from every major studio. His film is centered on J. Robert Oppenheimer’s role in the development of the atom bomb during WWII.
Deadline is reporting that "several of the major studios across town are reading the screenplay and speaking with Nolan and his reps."
The ramifications of the streaming wars are that Nolan can set the trend of the studios that want to ensure theatrical release. But with every major studio but Sony having a streaming platform that needs more movies and huge names attached, that can be tricky. Everyone would want some sort of commitment that the movie could hit the platform, probably within 45 days.
For what it's worth, Tenet still made $365 million at the box office despite the pandemic. And it came out before vaccines were even approved. It will be interesting to see where this new project lands and how it gets released.