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April 28, 2020 at 7:25 pm #1203452518
From Gitesh Pandya of BoxofficeGuru: “Universal and AMC have had some words today about the distribution of future films in the post-pandemic #boxoffice era. Studio just released the statement below clarifying that premium VOD will only be for certain films when it “makes sense”.
This was triggered by the decision by U to release Trolls: World Tour on demand. Here’s their statement:
AMC, the largest movie theater chain on the planet, was decidedly not amused by U’s CEO Jeff Shell’s comments via the Hollywood Reporter:
“In a strongly worded letter to Universal Filmed Entertainment Group chairman Donna Langley, AMC Theatres chair-CEO Adam Aron said Shell’s comments were unacceptable
“It is disappointing to us, but Jeff’s comments as to Universal’s unilateral actions and intentions have left us with no choice. Therefore, effectively immediately AMC will no longer play any Universal movies in any of our theaters in the United States, Europe or the Middle East,” Aron wrote.
“This policy affects any and all Universal movies per se, goes into effect today and as our theaters reopen, and is not some hollow or ill-considered threat,” he continued. “Incidentally, this policy is not aimed solely at Universal out of pique or to be punitive in any way, it also extends to any movie maker who unilaterally abandons current windowing practices absent good faith negotiations between us, so that they as distributor and we as exhibitor both benefit and neither are hurt from such changes. Currently, with the press comment today, Universal is the only studio contemplating a wholesale change to the status quo. Hence, this immediate communication in response.”
ReplyApril 29, 2020 at 7:20 am #1203452952What the fuck AMC! You’re seriously young to blacklist the second largest distribution studio over a silly little animated sequel and miss out on billions of dollars of revenue, screwing all of your customers over in the process as well? This might be one of the stupidest business decisions I’ve ever seen! And does this means Warner Bros. and Disney won’t be playing in AMC’s either because of Scoob and Artemis Fowl? Cause if so they’re abotu to go bankrupt regardless of how long COVID-19 lasts.
ReplyCopy URLI'm back bitches.
#EverythingEverywhereSweep
April 29, 2020 at 7:54 am #1203452982AMC, this might be the nail in the coffin. Out of all the movies to complain about, they picked trolls: World tour. They are acting like they put james bond on streaming. Other studios are gonna do the same. We are in a pandemic, no ones gonna risk their lives to see a movie right now (let alone a movie about singing trolls)
ReplyCopy URLApril 29, 2020 at 10:37 am #1203453302Correct me if i’m wrong but isn’t AMC the one that is in most danger of going bankrupt? They DON’T need this right now. Just let Universal do it thing becuase if they survivie they NEED universal.
ReplyCopy URLApril 29, 2020 at 4:23 pm #1203454127At the end of the day, AMC needs Universal and Universal needs AMC. In other words, movie theater chains and movie studios need to have a good co-existing relationship. TThey better solve the issue and find a common ground.
ReplyCopy URLTwitter: @TheCineMike
April 29, 2020 at 4:29 pm #1203454134Are they trying to put themselves out of business?! What a bunch of idiots.
ReplyCopy URLApril 29, 2020 at 9:25 pm #1203454499This post was found to be inappropriate by the moderators and has been removed.Why are you reporting this post? (optional):Not now
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