However, Shell is known as a longstanding champion of squeezing the theatrical window, and getting movies into homes sooner. After all, actions speak more than words: Universal as a believer in theatrical did push F9 to next year, and yet they’re taking a more-TV centric title like The King of Staten Island starring SNL‘s Pete Davidson into homes instead of theaters.
Some in distribution and exhibition think that Aron may have overreacted here to Shell’s statements perhaps the exhibition boss misconstrued them or took them out of context. As soon as theaters reopen, we expect to release movies on both formats.” Universal is the studio behind lucrative, globally popular franchises such as "Jurassic World," "Fast & Furious" and "Despicable Me." It was not immediately clear whether competitors of similar size, specifically Walt Disney Studios and Warner Bros., would forge similar pacts with AMC and other leading theater chains.AMC Tells Universal It Won't License Studio's Movies, After CEO's Statements On Windows & 'Trolls World Tour'Īron took umbrage with NBCUniversal CEO Jeff Shell’s statements in the Wall Street Journal this morning in which he told the paper “The results for Trolls World Tour have exceeded our expectations and demonstrated the viability of PVOD. 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," Donna Langley, chair of the Universal Filmed Entertainment Group, said in a statement accompanying the news release.ĭownload the NBC News app for breaking news and alerts "The theatrical experience continues to be the cornerstone of our business. AMC, the largest theater chain in the world, will get a slice of the revenue that Universal generates during the first weeks a film is available in the home. After the 17-day window closes, Universal has the option to shift movies from theaters to "premium video-on-demand" services - including AMC Theatres On Demand, an iTunes-style platform that lets customers rent and buy movies.
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