Most Expensive Movies Debuting on Streaming in 2021
Going to the movies used to be the only way to see new releases upon their unveiling, but 2020 changed that. Due to the COVID-19 crisis, movie ticket sales drastically declined from $11.3 billion in 2019 to $2.1 billion in 2020, according to Box Office Mojo.
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Since the pandemic will extend well into 2021, studios like Warner Bros. and Disney have responded by releasing movies directly onto streaming platforms. In fact, Warner Bros. sent shockwaves through the entertainment industry in December by announcing that all of its 2021 films will debut simultaneously on HBO Max and in theaters.
While releasing films directly to streaming platforms is new to traditional studios, Netflix has been experimenting with big-budget films for a few years now. For example, the streaming giant spent $90 million to make its 2017 film “Bright,” starring Will Smith, according to Deadline.
Only time will tell if audiences prefer heading to theaters to see new releases or want to watch them in the comfort of their homes. However, 2021 will be filled with plenty of big-budget films headed straight to streaming platforms. Here’s a preview of the most expensive films on the lineup.
Last updated: Jan. 4, 2021
‘In the Heights’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $30 million-$75 million
Earliest release date: June 18
Genre: Drama/musical/romance
Director: Jon M. Chu
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‘The Conjuring: The Devil Made Me Do It’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $40 million+ (estimate)
Earliest release date: June 4
Genre: Horror/mystery/thriller
Director: Michael Chaves
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‘Blonde’
Studio: Netflix
Streaming service: Netflix
Budget: $41 million
Earliest release date: 2021
Genre: Biography/drama
Director: Andrew Dominik
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‘Mortal Kombat’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $50 million (estimate)
Earliest release date: April 16
Genre: Action/adventure/fantasy/sci-fi/thriller
Director: Simon McQuoid
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‘Peter Pan & Wendy’
Studio: Disney
Streaming service: Disney+
Budget: $65 million (estimate)
Earliest release date: 2021
Genre: Adventure/family/fantasy
Director: David Lowery
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‘Reminiscence’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $68 million
Earliest release date: April 16
Genre: Romance/sci-fi/thriller
Director: Lisa Joy
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‘Army of the Dead’
Studio: Netflix
Streaming service: Netflix
Budget: $70 million
Earliest release date: 2021
Genre: Action/horror/sci-fi
Director: Zack Snyder
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‘Don’t Look Up’
Studio: Netflix
Streaming service: Netflix
Budget: $75 million
Earliest release date: 2021
Genre: Comedy
Director: Adam McKay
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‘Disenchanted’
Studio: Disney
Streaming service: Disney+
Budget: $85 million (estimate)
Earliest release date: 2021
Genre: Animation/adventure/comedy
Director: Adam Shankman
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‘King Richard’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $100 million
Earliest release date: Nov. 19
Genre: Drama
Director: Reinaldo Marcus Green
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‘Pinocchio’
Studio: Disney
Streaming service: Disney+
Budget: $100 million-$200 million (estimate)
Earliest release date: 2021
Genre: Animation/fantasy/musical
Director: Guillermo del Toro, Mark Gustafson
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‘The Matrix 4’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $150 million (estimate)
Earliest release date: Dec. 22
Genre: Action/sci-fi
Director: Lana Wachowski
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‘Raya and the Last Dragon’
Studio: Disney
Streaming service: Disney+
Budget: $150 million-$175 million (estimate)
Earliest release date: March 5
Genre: Action/adventure/animation/comedy/family/fantasy/musical
Director: Don Hall, Carlos Lopez Estrada, Paul Briggs, John Ripa
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‘Red Notice’
Studio: Netflix
Streaming service: Netflix
Budget: $160 million
Earliest release date: 2021
Genre: Action/adventure/comedy
Director: Rawson Marshall Thurber
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‘Godzilla vs. Kong’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $160 million
Earliest release date: May 21
Genre: Action/sci-fi/thriller
Director: Adam Wingard
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‘Dune’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $175 million
Earliest release date: Oct. 1
Genre: Adventure/drama/sci-fi
Director: Denis Villenueve
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‘The Suicide Squad’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $175 million (estimate)
Earliest release date: Aug. 6
Genre: Action/adventure/fantasy/mystery/sci-fi
Director: James Gunn
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‘Space Jam: A New Legacy’
Studio: Warner Bros.
Streaming service: HBO Max
Budget: $183.7 million
Earliest release date: July 16
Genre: Adventure/animation/comedy/family/fantasy/sci-fi/sport
Director: Malcolm D. Lee
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Methodology: GOBankingRates looked at movies expected to debut through a streaming service in 2021, then used a variety of sources to find budget figures or estimates for as many films as possible. We then used Box Office Mojo and IMDb to find possible release date, genre and director information for all movies that had budget expectations available. All information was gathered from Dec. 16-17, 2020.
This article originally appeared on GOBankingRates.com: Most Expensive Movies Debuting on Streaming in 2021