As Coronavirus Shuts Down Theaters, Universal Shifts Some Films To On-Demand

  • 📰 NPR
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

In a potentially industry-altering change, Comcast NBCUniversal announced it will let customers watch new films at home through video-on-demand the same day as their theatrical release.

will be available for a two-day digital rental for $19.99 in the U.S. and the equivalent price in overseas markets.

"Rather than delaying these films or releasing them into a challenged distribution landscape, we wanted to provide an option for people to view these titles in the home that is both accessible and affordable," Jeff Shell, the CEO of The move by Comcast NBCUniversal will likely be viewed as a major setback for multiplexes, which have long relied on studios' months-long waiting periods after a theatrical release to make films available on at-home streaming.governors across the countryRegal announces closure of all theatre locations starting Tuesday, March 17, 2020, as a precaution amid the current circumstances. All theatres will remain closed until further notice. Please check back soon.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

$20 to NOT OWN a movie that they used to charge to OWN a movie. Amazing deal

😎👍🏿

Ok. Hear me out. Drive-in movie theaters.

Smart move.

Maybe they should pay all the employees who will be laid off full salaries for the duration of the crisis. Don't gas light us with this 'gift'. You will truly be judged on how you treat your employees in this time of crisis.

They stole my idea! 😄

Game changing.

NitsujNotserp !

JeffBezos should be paying attention. amazonfreevideo for the duration of lockdown and self—isolation! Help out parents and others that can’t afford to rent movies right now but are stuck at home. Dude! You can afford it!

*stares at DirecTV *

Awesome! I just mentioned that to my kids yesterday. Win win

And now theatres will be wiped out.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 96. in BUSİNESS

Business Business Latest News, Business Business Headlines