Editors Note: As chairman/CEO of Fox Filmed Entertainment in the era of Titanic, X-Men, Independence Day and Braveheart, and producer of the Oscars and Oscar-nominated films like Hacksaw Ridge and Coraline, Bill Mechanic has been part of the fabric of the film industry his whole career.
He thought he had seen every iteration and change in a business striving to stay relevant in the digital age. The surprise move by WarnerMedia to drop its entire 2021 film slate on HBO Max was a new one on him, and one he thinks can do lasting damage to the traditions of a billion-dollar industry.
Here, he explains why.We are living in an upside-down world. For decades, WB has been the most talent friendly studio, catering to the needs of stars, directors,
Read more on deadline.com