Chris Nolan Saving Movie Theaters
- Thread starter niki
- Start date
Technically speaking, it's all a matter of pricing. But most fans would want an "all inclusive" movie pass. Online or in theaters.
NorBro
Major Contributor
As far as digital distribution, I don't know how the competition between streaming services can last forever.
If theaters continue to decline, it would only make sense for all studios to release movies under their own umbrella to anyone who simply would like to pay for only that product and that's it, no subscriptions.
Like a movie ticket.
If theaters continue to decline, it would only make sense for all studios to release movies under their own umbrella to anyone who simply would like to pay for only that product and that's it, no subscriptions.
Like a movie ticket.
The streaming competition is entering the uncharted waters. There's no certainty on either the demand or the supply side. From Peacock to Paramount, from Netflix to Disney, from Amazon to YouTube -- these are major players and they're competing against one another with nary a restraint.
My hunch is that there will be fewer films with the theater exclusivity but more TV shows. If they can be called that. Let's say there's a Friends reunion - btw, there is a Friends reunion - but it plays for a week in "selected theaters" before premiering on its streamer.
But the revenue split rate will be different. If it's currently 90% to the studio the first week, then going down 5% per week, it may be closer to 50/50. With so many available screens, there's very little for the chains to lose with this type of an arrangement. Plus, one could easily streamed a live "opening night" on top of that to the said selected theaters.
But the revenue split rate will be different. If it's currently 90% to the studio the first week, then going down 5% per week, it may be closer to 50/50. With so many available screens, there's very little for the chains to lose with this type of an arrangement. Plus, one could easily streamed a live "opening night" on top of that to the said selected theaters.
Or maybe the streamers will find an alternate venue ---
https://www.yahoo.com/finance/news/tbs-tnt-front-row-hbo-max-exclusives-163347302.html
https://www.yahoo.com/finance/news/tbs-tnt-front-row-hbo-max-exclusives-163347302.html
What a debacle the AT&T acquisition of Warner Bros. was. Fairly predictable I suppose. AT&T is dumping Warner and merging it with Discovery. It's remarkable how a well oiled machine can quickly be turned into a chaotic mess when a company that knows nothing about the business takes over. It's always a laugh; well, for those of us not involved. It's most unfortunate for those at Warners. Remember when Seagrams bought Universal? A distiller bought a movie company? You can't make this stuff up.
https://variety.com/2021/film/enter...er-bros-att-discovery-warnermedia-1234976157/
Discovery, WarnerMedia Merger Will Get a New Company Name
"Variety explains, "ndustry sources say the strategic move that made such a splash last December — when WarnerMedia at Kilar’s direction opted for simultaneous releases in theaters and on HBO Max for Warner Bros.’ 2021 movie slate — is seen as a major misstep because it is shaping up to cost the studio over $1 billion in lost box office revenue, talent profit participation payments and in high license fees paid for the movies from HBO Max. Unless the pace of HBO Max subscriber additions pick up significantly in the coming months, the high cost of the movie content for the streamer will be hard to justify."
Therefore, while it all comes back to a desire to compete with Netflix and Disney+ as the biggest streaming service around, the decision to do same-day releases flopped so hard that the company was losing so much money that it no longer made sense for AT&% to hold on to the company itself and so it instead spun it off and had it merge with Discovery, Inc, while the executive who authorized the same-day release plan has now been pushed out."
https://variety.com/2021/film/enter...er-bros-att-discovery-warnermedia-1234976157/
Discovery, WarnerMedia Merger Will Get a New Company Name
"Variety explains, "ndustry sources say the strategic move that made such a splash last December — when WarnerMedia at Kilar’s direction opted for simultaneous releases in theaters and on HBO Max for Warner Bros.’ 2021 movie slate — is seen as a major misstep because it is shaping up to cost the studio over $1 billion in lost box office revenue, talent profit participation payments and in high license fees paid for the movies from HBO Max. Unless the pace of HBO Max subscriber additions pick up significantly in the coming months, the high cost of the movie content for the streamer will be hard to justify."
Therefore, while it all comes back to a desire to compete with Netflix and Disney+ as the biggest streaming service around, the decision to do same-day releases flopped so hard that the company was losing so much money that it no longer made sense for AT&% to hold on to the company itself and so it instead spun it off and had it merge with Discovery, Inc, while the executive who authorized the same-day release plan has now been pushed out."
https://variety.com/2021/film/features/summer-movie-season-f9-black-widow-1234976909/
General ruminations from Variety.
PS. Total box office so far is around $500,000,000, which is roughly 20% of the pre-Covid/everyone streaming era.
PS. Side note - when someone gives the box office numbers for China, it's not necessarily accurate because it is generally whatever the Chinese say it is.
General ruminations from Variety.
PS. Total box office so far is around $500,000,000, which is roughly 20% of the pre-Covid/everyone streaming era.
PS. Side note - when someone gives the box office numbers for China, it's not necessarily accurate because it is generally whatever the Chinese say it is.
Amazon makes a move and buys MGM for $8.5B.
https://variety.com/2021/digital/ne...ehind-james-bond-for-8-45-billion-1234980526/
https://variety.com/2021/digital/ne...ehind-james-bond-for-8-45-billion-1234980526/
Bezos had to do it. He had to get both the library and some feature tier talent. A $2B-$3B premium is rather stiff but Amazon had to make a move with everyone else getting the headlines. The streaming business is in the "go big or go home" phase and Amazon had to do its part.