Legendary and Warner Bros. appear to be nearing a new deal regarding the hybrid release of Godzilla vs. Kong.
The two companies have recently been at odds with each other ever since it was announced that Godzilla vs. Kong would be released on HBO Max in addition to in theaters. However, The Hollywood Reporter has published a new exclusive article that appears to show how both Legendary and Warner Bros. are finally on the verge of reaching a new agreement.
Legendary could have argued in challenging the Warners decision that in unilaterally putting the film on its own streamer, Warner Media was self-dealing. But Netflix's November bid effectively set the price for 'Godzilla' (vs. Kong), simplifying that negotiation. Legendary is still negotiating with talent on 'Godzilla' (vs. Kong) but that is not expected to derail a deal. The movie will keep its May 21 release date in theaters, including IMAX, as well as HBO Max. Legendary will release the film in China.
If this new report is indeed true, then it appears that Godzilla vs. Kong will be released on May 21, 2021 both in theaters and on HBO Max as originally planned. This new update, combined with marketing for the film finally starting to heat-up, hopefully means that a trailer for the film will finally be coming sometime soon.
Source: The Hollywood Reporter
