Entertainment One to Close Theatrical Distribution Business in Germany

  • 📰 Variety
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Entertainment One is preparing to shutter its theatrical distribution operation in Germany, Variety has learned. The move by the company, which was acquired by toy giant Hasbro in December, is not …

The move by the company, which was acquired by toy giant Hasbro in December, is not a response to COVID-19,understands. Rather it was a commercial decision based on the intense competitiveness of the German theatrical market, and the difficulty in acquiring movies – in particular, local movies – for the territory at the right price.

The company is still working on the exact timeline of the closure of its Munich office, as it is in discussions with its partners on the details of the withdrawal. It will now have to decide whether to distribute its movies through a partner in the territory or release them with various distributors.

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:

 /  🏆 108. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines