Hasbro CEO Brian Goldner answered a press question regarding their plans for the upcoming Snake Eyes: G.I. Joe Origins movie during the Q&A Session of 2020 Q2 Hasbro Conference Call.
Mr. Goldner confirmed that they are in talks with Paramount Pictures to move the theatrical release to 2021 and make other arrangements for the same.
“Our expectation is that G.I. Joe [Snake Eyes] will move into a slot in 2021. We are working out the specifics right now with Paramount. But again, as we look at the opportunity to maximize our connection to global audiences and also global retail, we will likely to move it to a slot in 2021.”
When asked whether Hasbro movies will be shifted to VOD in the future:
“I think that people are very desirous about the theatrical experience. We all want to get back to the movie theaters as soon as we can and enjoy the big screen along with everyone else. There’s nothing like having hundreds of people together, laugh at something or ‘Ooh’ and ‘Aah’ at some kind of a big action sequence. We all want to get back there. I think that studios are being very purposeful, as is our eOne team, looking at the opportunity for theatrical releases; clearly wanting to still have that global theatrical audience. There’s nothing like the opportunity to go around the world in a simultaneous way to build that value and the demand of people to go to theaters. So, we don’t see that going away. I just think it’s a matter of when it really comes fully back.”
This is a sad turn of events, but not surprising; considering the global COVID-19 pandemic. Paramount is likely to announce the revised release date very soon.