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AMC vows to bar Universal movies from its theaters after video-on-demand comments
Looks like a precursor of a new normal.
https://www.marketwatch.com/story/amc-vows-to-bar-universal-movies-from-its-theaters-after-video-on-demand-comments-2020-04-28?mod=home-page
Quote:
AMC Entertainment, the world’s largest movie-theater chain, said Tuesday it will no longer play any movies from Universal Pictures after comments by NBCUniversal CEO Jeff Shell that the entertainment giant plans to release future movies directly to homes on-demand.
A Wall Street Journal report Tuesday detailed how Universal’s decision to make the animated kids movie “Trolls World Tour” immediately available for digital rentals after its theater release was scrubbed earlier this month due to the coronavirus pandemic paid off, earning the studio nearly $100 million in three weeks, more than the studio previous “Trolls” movie earned in a five-month theatrical release in 2016. (That movie grossed $154 million at the box office, but Universal only made about $77 million; the rest went to theater operators.)
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Could be interesting. With the quality of new TVs and sound systems, the home theater experience is not that far removed from that of a movie theater. Eliminate the endless ads and coming attractions, the high priced snacking, and often annoying surroundings, and movie theaters may be going the way of Blockbuster.
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All lives won’t matter until Black Lives Matter too. Along with Asian lives as well.
“No, I don’t take responsibility at all.” - Don Trump
“The buck stops here.” - Harry Truman
Black Votes Matter.
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04-29-2020, 12:50 PM
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