HBO Just Did Something Netflix Never Has

Netflix (NASDAQ: NFLX) has long advocated for theaters to release its films simultaneously on the big screen and on its streaming service, but it has never succeeded with its big films. AT&T (NYSE: T) just did.

WarnerMedia announced this week that it will release Wonder Woman 1984 in U.S. theaters and on HBO Max simultaneously on Christmas day (industry insiders call it a day-and-date release). The move follows in the footsteps of Disney (NYSE: DIS), which released Hamilton and Mulan through Disney+ and will add Pixar's Soul next month. However, none of those releases also hit theaters in markets where they were available on Disney+.

Image source: HBO.

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Source Fool.com