AMC, Universal window deal explained, implications for movie theaters - Business Insider

, Universal Pictures and AMC Theatres, the largest theatrical chain in the world, have reached a deal that could have major ramifications for the future of the movie business.

The agreement doesn't mean that consumers could wait 17 days and get a standard-priced rental instead of going to a theater, however. PVOD digital rentals at services like iTunes and Amazon are typically priced at $20 a pop for new releases. Because of this, AMC is likely not as worried about a huge chunk of customers seeing PVOD as a deal relative to theaters, assuming the public health crisis of the coronavirus pandemic eventually dissipates.

"Universal and AMC's deal basically forces the hand of the other studios and exhibitors to play a similar game, which could result in the most dynamic change the movie industry has seen since its inception," Bock said.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Six Movie Business Questions After Universal and AMC’s Historic DealThe theatrical window has been shattered, and it’s a pretty good bet that it will never be patched back together. That means that the movie business will never look the same. The Universal an… They should make an out door drive in. realistically it should be based on performance ~when ticket sales dry up put it online but if a marvel movie runs for a year you better let it run for a year. and unless you want movie theaters to go the way of blockbuster the academy should maintain current Oscar requirements
Source: Variety - 🏆 108. / 63 Read more »

AMC-Universal Deal Is A Tonic For Theatrical Business, Wall Street Analysts Say, But Ratchets Up Risk For ExhibitorsTuesday’s milestone windows agreement between No. 1 exhibitor AMC and Universal Pictures is a near-term positive for the theatrical film business but a potential headache for exhibitors down …
Source: DEADLINE - 🏆 109. / 63 Read more »