I assume they get "monetization" from Youtube and they don't need to worry about hosting or discovery. Probably better than doing nothing with these films.
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* https://www.yahoo.com/tech/sony-succeeded-becoming-powerful-...
HBO Max was an incredibly lean org, around 200-300 engineers at launch, 1/10th the size of its competitors but we launched a similar scaled service (tens of millions of domestic users, followed up by international launches one after another).
IMHO once COVID ended and HBO Max just became a streaming destination instead of having movies "launched" on it, they'd be just fine in terms of profit (and indeed iirc the successor Max service is profitable). First releasing big block busters doesn't drive enough user growth to pay for the movie, but if you have an existing content pipeline then having a streaming service as another delivery platform becomes reasonable.