Cineworld Reacts To Universal-AMC Theatrical Window Crunching PVOD Deal: “We Do Not See Any Business Sense In This Model”

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

EXCLUSIVE: Those in town assuming that one of the other big exhibition circuits will fall in line with AMC, and seek their own 17-day theatrical window-PVOD deal with Universal, will soon realize t…

, “We make it clear again that we will not be showing movies that fail to respect the windows.”

Also, many in distribution and exhibition question the notion of how long AMC and Universal’s “multi-year” is. Is it two years? Because that’s not really a threat. If it’s four to fives years, then it will get interesting. However, Zoradi further expounded to Deadline that same month saying that “The big movies, the ones that really count, these movies from a financial standpoint have to go theatrical. It’s a $40 billion-plus business. In fact, in 2019, it was $42 billion worldwide. And in some cases half, or more than half of the revenue stream on big theatrical movies is coming from worldwide theatrical. You can’t just cut that out and think the economics are going to work.

 

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

Well the Regal theaters near me suck so

What other options studios have unless a vaccine comes out now

cineworld time to adaptordie

Shots fired

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:

 /  🏆 109. in BUSİNESS

Business Business Latest News, Business Business Headlines