Variety, CNBC and others are reporting that Warner Bros. has decided to delay Tenet for the third time.
Warner Bros. has removed “Tenet” from its release calendar, delivering a big blow on the exhibition industry at a time when movie theaters had hoped to peg their re-opening to the late summer debut of Christopher Nolan’s sci-fi thriller.Christopher Nolan’s ‘Tenet’ Delayed for Third Time – Variety
The next dominoes dropping will likely be the big theater chains delaying their scheduled reopening July 30 (AMC) and July 31 (Regal) and/or Disney pushing back the release date of Mulan, which is currently set for August 21.
We’ve been holding off on the Coming Soon to theaters in August 2020 awaiting this news that wasn’t completely unexpected. We’ll continue to wait longer as more movies planned in August will likely follow suit.
Warner Bros. no doubt was looking at the movie theater landscape in America. California, which has the most movie theater screens of any state in America (400+) was likely to be prevented from reopening. Without that potential box office revenue, the studio having a $200+ million budget and China balking at the run time and requiring an edit (see: China requires all movies in theaters to limit movie run time to max 2 hours – Tenet needs to cut 30+ minutes) — all added up to a logical business decision to delay further.
No revised release date has been announced for Tenet as of this writing.