However, in a statement, AMC’s CEO Adam Aron said the company will “share in these new revenue streams,” which means that it will get a cut of any money made on these digital rentals.
“The partnership we’ve forged with AMC is driven by our collective desire to ensure a thriving future for the film distribution ecosystem and to meet consumer demand with flexibility and optionality.”A Variety and iHeartRadio PodcastEven though Universal, under this new agreement, could theoretically debut the next “Jurassic World” or “Fast & Furious” installments on premium on-demand with 17 days of their debut, they will likely have longer exclusive runs in cinemas.
Traditionally, that frame of exclusivity has lasted for 90 days, which theater owners have maintained is critical to prevent customers from opting to skip cinemas and wait until a film is available in their homes. AMC Theatres, who own Odeon in the UK, locked heads after Universal decided to release Trolls World Tour at home while cinemas were shut during the … But if smaller movies perform better than expected on the big screen, Universal can wait to put it digital rental services. They maintain that movies make most of their box office revenues in the first few weeks of release and waiting three months to debut films on-demand and across other platforms requires them to spend more money to advertise them and re-familiarize the public.On Tuesday, both sides made nice, with Universal praising the viability of the big screen and AMC hailing the decision as a sign of its willingness to innovate.For his part, Aron said, “Focusing on the long-term health of our industry, we would note that just as restaurants have thrived even though every home has a kitchen, AMC is highly confident that moviegoers will come to our theaters in huge numbers in a post-pandemic world. LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC”) announced today that it has extended the early tender deadline (the “Early Deadline”), the withdrawal deadline (th...LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC”) announced today that it is has amended certain terms of its previously announced offers to exchange (as amended as...LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC”) announced today the expiration and final results for its previously announced offers to exchange (the “Exchange Of...AMC will resume theatre operations at approximately 450 U.S. locations on Thursday, July 30, and at approximately 150 remaining locations the following week in time for a theatrical slate commencing i...LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC”) announced today that it has extended the early tender deadline (the “Early Deadline”) and withdrawal deadline (the...If you wish to request information or investor materials from AMC Entertainment Holdings, Inc. On its upcoming slate, Universal also has “Minions: The Rise of Gru,” “Halloween Kills” with Jamie Lee Curtis and spy thriller “355” with Jessica Chastain, Penélope Cruz and Lupita Nyong’o.The pact, sure to send shockwaves throughout the exhibition industry, has the potential to reshape the ways that movies are marketed and distributed. AMC Delays U.S. Theater Openings Until Mid-to-Late August The last plan was for a July 30 opening date, which already represented a delay from the previous plan of July 15. Rival studios are likely to begin pushing for exhibitors to grant them more flexibility when it comes to determining when and how their theatrical releases can make their way onto home entertainment platforms.For years, Universal and other studios have pushed to shrink the window, industry parlance for the period of time between a film’s theatrical release and its debut on home entertainment. According to a press release, however, “the two companies will begin discussions surrounding international distribution agreements in the countries in Europe and the Middle East served by AMC…
Telefónica Spain Contact Number, Vancouver Ravens NBA 2K19, Amd Radeon R7 200 Series Sapphire, Macquarie Infrastructure And Real Assets, Krysten Ritter - Imdb, Lowensenf Mustard Ingredients, Commscope Steel Products, Apple Store Den Haag Opening Hours, Alexis Sanchez Instagram, Alcatel OneTouch PIXI 4 (6), Iowa Barnstormers Vs Sioux Falls Storm, Words With Friends On Mac, Diwali Quotes In Assamese, Stuart Scott Funeral, 1 Star Kayaking, Cristina Vee Marinette, Daniele Donato And Dominic Briones, Cat Traps Uk, Shopify Pdf Invoice, Legacy Recordings Phone Number, Amd A10 Vs Ryzen 3, 5821 Richmond Hwy, Alexandria, Va 22303, Zte Link Flip Phone, Sovereign Housing Contact Number, Who Sell Bricks In Hong Kong Drama, Who Owns Ardent Leisure, Quincy Wa Directions, Stafford, Tx Zip Code, Kyrre Gørvell-dahll Height, Continental O-200 Weight, Florida Gulf Coast Mls Phone Number, Upmc Lemieux Sports Complex, Enter The Dragon Han, Gail Edwards Height, Amd Laptop Reddit, Moses Mountain Staten Island, Paracord Combo Kits, Sony Xperia L4 Accessories, Khon Breaking News, Richmond, Ca Demographics 2019, Gabriel Iglesias Son Frankie Age, Espinho Portugal Population, Bbc Trains Documentary, Nick Lachey Charmed, Prestashop Product Management, Zeebard Kayak Tours, Demario Jackson Bio, Learjet 75 Vs Phenom 300, Aac Conference Basketball, 2020 Chrysler Voyager Brochure, Maltesers Teasers Ingredients, Griffin Conine Scouting Report, Microsoft Edge For Android Apk, Rbc 100 Bishopsgate, Ryan Malone Smartbug, BigCommerce API Orders, Coding Valentines Puns, Mapa De Oaxaca Y Sus Regiones, Ptc Taste Strips, Aftermarket Derailleur Pulleys, The Passion Live Stream, Ubuntu Kylin Desktop Environment, Emperors New Groove Gif, Max Wright Age, Shopify Plus Partner Network, 8658 E Shea Blvd, Best Email Client For Android, Fitness Nurse Consultant, The Jury Season 1, Maglite Accessories Uk, Las Vegas Nightclub Tickets, Thomas Morstead Weight, Leather Cord Bracelet Mens, Lee Armitage Picture, Dan Bakkedahl Veep, Real Madriz U20 Vs Managua U20, Blending Old And New Architecture, Taubman Centers Simon Property Group, Cattleman's Danville, Ky, Terex Finlay 883 Rc For Sale, Horton Creek Fishing, Peppa Pig Title, Shameless Season 3 Episode 3, Greensboro College Baseball Field, Alexandria Mn 4th Of July Events 2020, Cheapest Way To Get To Bristol Airport,
