studios are juggling a bunch of conflicting pressures right now and it's nowhere near as simple as "streaming won." what you're seeing is a mix of things: production delays (crew availability, effects pipelines still catching up), actors' and writers' strikes a few years back that pushed schedules, and honestly just theatrical performance being weaker than it was. theaters lost a lot of audience momentum during lockdowns and haven't fully bounced back. so studios are hedging bets - some tentpoles skip cinema entirely because a guaranteed netflix payout looks better than risking a 30 million opening that flops, especially when their balance sheets need predictable revenue.
but here's the thing: the big franchise stuff still wants theater exclusivity. marvel, dc, pixar - these still get proper releases because that's where the real money is. what's changed is the mid-tier stuff. the 50-100 million budget movies that used to be bread and butter for studios? a lot of those go streaming now because theater economics just don't work for them anymore. ticket sales have been soft, and a weeklong exclusive window followed by streaming keeps more eyeballs in-house compared to splitting revenue with cinemas.
the delays themselves are often just scheduling nightmares. post-production takes forever, release windows get crowded, or a studio might push something because they've got three other films coming out that quarter. it's not really post-pandemic stickiness as much as the business model permanently shifting. i'd say the rule now is: truly massive spectacles still get the big screen, everything else is fair game for streaming. if what you want to see lands in theaters, it's probably worth making the trip because it was deemed worth that investment.