Cinemark CEO states opposition to AMC-Universal plan to shorten theatrical window, even as he acknowledges that negotiations with studios are 'ongoing.' movienews
between AMC Theatres and Universal Pictures to shorten the traditional theatrical window of exclusivity for Universal properties is the sort of movie news that doesn’t come around every day. This is nothing less than the first step in dismantling the currently existing system of theatrical distribution for new movies, and doing so in a big way, with Universal films now free to head to premium VOD after only three weekends of 17 days, rather than the usual 90 days.
It’s not surprising, then, that the CEO of Cinemark has more than a few reservations about the AMC-Universal plan. In a statement Tuesday, CEO Mark Zoradi“We have publicly stated we’re willing to have conversations with our studio partners to evolve with them. But an aggressive shortened theatrical window could have an adverse impact on the mid-to tail-end of a film’s life. We will be very careful and methodical about how we approach any change to the theatrical window.
Note that Zoradi is by no means willing to state that Cinemark would explore such a deal with Universal or other studios, but he’s clear about the company’s fear of what an “aggressive shortened theatrical window” could entail. He also mentioned the company being in “open and active discussions” with studios, but it’s impossible to say where those talks might lead. It certainly sounds like he believes that a merely 17-day theatrical window is too short, however.
NBCUniversal, meanwhile, is unsurprisingly pretty happy with their advantageous new way of life, with CEO Jeff Shell referring to the AMC deal as “groundbreaking,” calling it a “complement rather than a replacement for a robust theatrical release.” Be that as it may, it seems increasingly likely that when the pandemic is finally finished, we’ll be returning to a film industry that looks radically different in terms of both production and distribution.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Cinemark Not Game for AMC-Universal Film Window Deal, CEO SaysCinema giant Cinemark is not game for the reduced 17-day theatrical window that fellow exhibitor AMC Theatres and Universal Pictures recently struck an agreement for, CEO Mark Zoradi said Tuesday.
続きを読む »
Puerto Rico power utility CEO resigns; thousands without power from last weekCEO of Puerto Rico’s state-owned power company is resigning as thousands of clients remain without electricity since last week’s tropical storm that further weakened a grid still trying to recover from previous hurricanes and earthquakes, officials say.
続きを読む »
Tyson Foods names new CEO as coronavirus raises costsTyson Foods Inc said on Monday that President Dean Banks will become chief executive as the meatpacker faces unprecedented production challenges from the COVID-19 pandemic.
続きを読む »
ByteDance ‘Working Overtime’ On TikTok Solution In The U.S., CEO SaysI am a breaking news reporter for Forbes in London, covering Europe and the U.S. Previously I was a news reporter for HuffPost UK, the Press Association and a night reporter at the Guardian. I studied Social Anthropology at the London School of Economics, where I was a writer and editor for one of the university’s global affairs magazines, the London Globalist. That led me to Goldsmiths, University of London, where I completed my M.A. in Journalism. Got a story? Get in touch at isabel.togohforbes.com, or follow me on Twitter bissieness. I look forward to hearing from you.
続きを読む »
Musicians have some choice words for Spotify CEO Daniel Ek, who says they should work harderMusicians have not taken kindly to comments made last week by Spotify Technology SA Chief Executive Daniel Ek that they need to work harder the streaming age.
続きを読む »