As soon as theaters reopen, we expect to release movies on both formats. Shell’s comments arrived after the PVOD success of “Trolls World Tour.” The executive told the Wall Street Journal, “The results for ‘Trolls World Tour’ have exceeded our expectations and demonstrated the viability of PVOD. NBCUniversal film chief Jeff Shell continued to rock the boat after the AMC Theaters ban by announcing the studio was planning to continue with releasing certain titles on PVOD platforms even after theaters started re-opening. The studio also broke the 90-day theatrical window to make offerings such as “The Invisible Man,” “The Hunt,” and “Emma” available on PVOD platforms after their theatrical releases were cut short by the coronavirus pandemic. The exhibition company announced in April it was putting a ban on Universal Pictures titles after the studio side-stepped theaters and released “Trolls World Tour” directly on PVOD platforms. The game-changing agreement follows a turbulent 2020 for the relationship between Universal and AMC Theaters. “This multi-year agreement preserves exclusivity for theatrical viewing for at least the first three weekends of a film’s release, during which time a considerable majority of a movie’s theatrical box office revenue typically is generated.” Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. “AMC enthusiastically embraces this new industry model both because we are participating in the entirety of the economics of the new structure, and because premium video on demand creates the added potential for increased movie studio profitability, which should in turn lead to the green-lighting of more theatrical movies,” said AMC CEO Adam Aron. Universal Cinema AMC at CityWalk Hollywood Showtimes on IMDb: Get local movie times. We are grateful to AMC for their partnership and the leadership they have shown in working with us to reach this historic deal.” Review the Oscar Nominations 2023: 'Everything Everywhere,' 'All Quiet on the Western Front' Showed Up StrongĤ5 Great Films That Failed at the Box OfficeĪdded Universal vice chairman and chief distribution officer Peter Levinsohn, “Universal’s commitment to innovation in how we deliver content to audiences is what our artists, partners and shareholders all expect of us, and we are excited about the opportunity this new structure presents to grow our business. Madonna Biopic Not Moving Forward at Universal AMC Theatres Rolls Out Tiered Pricing That Makes a Good Seat Even More Expensive
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |