Tom Cruise’s Next Blockbuster Faces Uncertainty After Netflix-WB Merger
Tom Cruise’s highly anticipated film with Alejandro G. Iñárritu is now in limbo as Netflix’s CEO questions the future of traditional movie releases. The recent merger with Warner Bros. has left the fate of big-screen premieres hanging in the balance.
Hollywood is buzzing after the recent merger between Warner Bros. and Netflix, a move that’s thrown the future of theatrical premieres into question. This shake-up is especially significant for Tom Cruise, whose next major project with director Alejandro G. Iñárritu is now caught in the crossfire. The film, currently operating under the working title Judy, was set to be a tentpole release for Warner Bros., but the new partnership has left its theatrical prospects up in the air.
Netflix’s Streaming Focus Clashes With Big-Screen Tradition
Back in April, Netflix CEO Ted Sarandos made his position clear at the Time100 Summit, doubling down on his commitment to streaming and expressing skepticism about the traditional movie theater model.
What is the consumer trying to tell us? That they’d like to watch movies at home, thank you. The studios and the theaters are duking it out over trying to preserve this 45-day window that is completely out of step with the consumer experience of just loving a movie
Sarandos’s comments have only fueled concerns about the future of films designed for the big screen, especially those like Cruise’s, which were developed under Warner Bros.’s previous strategy.
Tom Cruise’s Deal With Warner Bros. Faces New Hurdles
Tom Cruise has long been a champion of the theatrical experience, and his 2024 agreement with Warner Bros. was built around creating original and franchise films for theaters. But with Netflix now calling the shots, there’s uncertainty about whether these movies will get the kind of wide release Cruise expects. While the upcoming Iñárritu project is still expected to hit theaters, the long-term future of such releases is far from certain. The contrast between Netflix’s streaming-first approach and Cruise’s dedication to cinema could make future collaborations difficult.
Industry insiders are watching closely to see if Cruise will stick with Warner Bros. after this film, or if the new regime will prompt him to seek other partners who share his passion for theatrical premieres.
Theatrical Release Windows in Question
Despite the uncertainty, Sarandos has indicated that Warner Bros. movies already planned for theaters will still get their big-screen debut.
I’d say that right now you should count on everything that has planned on going to the theaters through Warner Bros. will continue to go to the theaters through Warner Bros. And Netflix movies will take the same [path] as they have — which is some of them do have a short run in the theater beforehand.
However, he also hinted that the traditional window for theatrical exclusivity may shrink over time, aligning more closely with Netflix’s usual release strategy.
For now, Cruise’s next film is slated for a proper theatrical rollout, but the landscape is shifting fast. Whether this marks the end of an era for big-screen blockbusters or just a new chapter remains to be seen. Judy (working title) is scheduled to premiere on October 2, 2026.